Minor Counries and exotic fx
The Economic surprise index gives a complete view of how a countires economy is performing, if index is going higher then the country is perfoming above expectation providing a positive boost to its economy. Read the methodolgy on how the index is calculated
This post contains the charts for the minor and exotic currencies we track and trade, you will see that their economies are correlated and so are their currencies, it pays to buy the strongest and sell the weakest. The surprise index goes a long way to helpmake that decision. Most of these currencies are only available v the US Dollar and often they are a good way to trade the dollar if its direction is clear as they are more volatile than the majors providing the potential for large gain.
The Surprise index Europe PeriphEry
Surprise Index Exotics