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The U.S. Dollar Index ( USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [1] often referred to as a basket of U.S. trade partners' currencies. [2] The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.
The Wall Street Journal Dollar Index ( WSJ Dollar Index) is an index (or measure) of the value of the U.S. dollar relative to 16 foreign currencies. [1] The index is weighted using data provided by the Bank for International Settlements (BIS) on total foreign exchange (FX) trading volume.
The U.S. Dollar Index index is a weighted geometric average of six foreign currencies, and this index is maintained by ICE. Since the economy of each country (or group of countries) is of ...
As of January 1, 2011, the Dow Jones FXCM Dollar Index was a measure of the U.S. dollar's value equally weighted against four of the world's most liquidly traded currencies: The equation [2] As time goes by, currency weightings will deviate from their original 25% as currency prices fluctuate. There are no regular scheduled rebalancings of the ...
The direction of the June U.S. Dollar Index the rest of the session on Monday is likely to be determined by trader reaction to the minor top at 100.605.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was last down 0.63% at 104.39, with the euro up 0.48% at $1.087.
The U.S. dollar is predominantly the standard currency unit in which goods are quoted and traded, and with which payments are settled, in the global commodity markets. [76] The U.S. Dollar Index is an important indicator of the dollar's strength or weakness versus a basket of six foreign currencies.
The US dollar is an official currency in Zimbabwe, along with the euro, sterling, the pula, the rand, and several other currencies. A series of Zimbabwean Bond Coins was put into circulation on 18 December 2014 in 1, 5, 10, and 25 cent denominations, and afterwards 50 cent and 1 dollar bonds coins, which are pegged at the same rate as American ...