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The U.S. dollar index

Оглавление

The U.S. dollar index is traded on the Intercontinental Exchange (ICE). The dollar index is an average of the value of the U.S. dollar against a basket of six other major currencies, but it’s heavily weighted toward European currencies.

The exact weightings of other currencies in the U.S. dollar index are

 Euro: 57.6 percent

 Japanese yen: 13.6 percent

 British pound: 11.9 percent

 Canadian dollar: 9.1 percent

 Swedish krona: 4.2 percent

 Swiss franc: 3.6 percent

The European currency share of the basket — Eurozone, United Kingdom, Sweden, and Switzerland — totals 77.3 percent. From time to time, the currency weightings may be adjusted.

Currency Trading For Dummies

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