The other party to the swap would receive the same cash flows in reverse, pay the quarterly index return and receive LIBOR plus the spread.

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The weekly pattern of lower highs and lower lows in the dollar index will take some time to reverse, so those trying to pick a bottom in the dollar should be very careful.

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Chart Analysis : The iShares MSCI Brazil Index Fund ( EWZ) completed a reverse head-and-shoulders bottom formation last Friday, having closed above the neckline, line a.

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Chart Analysis : The iShares MSCI Brazil Index Fund ( EWZ) completed a reverse head-and-shoulders bottom formation on January 12 when the neckline, line a, was overcome.

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