Ads
related to: us dollar index futures quote
Search results
Results From The WOW.Com Content Network
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.
Before the U.S. Dollar Index was established by the Federal Reserve in 1973, the U.S. dollar was pegged to the price of physical gold, and the world’s currencies accordingly against the dollar.
The trade-weighted US dollar index, also known as the broad index, is a measure of the value of the United States dollar relative to other world currencies. It is a trade weighted index that improves on the older U.S. Dollar Index by incorporating more currencies and yearly rebalancing. The base index value is 100 in January 1997. [ 1]
The foreign exchange market ( forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
The early direction of the June U.S. Dollar Index on Friday is likely to be determined by trader reaction to the pivot at 90.915. U.S. Dollar Index (DX) Futures Technical Analysis – Trader ...
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. ... 800-290-4726 more ways to reach us ...
Ads
related to: us dollar index futures quote