the dollar index
TRANSCRIPT
The Dollar IndexThe Dollar Index is an index that measures and
reflects the STRENGTH or the or the WEAKNESS of the US Dollar against a “basket” of 6 other
major currencies
EUR57.6%
* Correct as at 2015
JPY13.6%
GBP11.9%
SEK4.2%
CAD9.1%
CHF3.6%
Here’s the basket and its weighting*
Born in March 1973 theDollar Index was set at 100
It saw a high of around150 in February 1985and a low of around
70 in March 2008
When the Dollar Index RISES it indicates
US Dollar STRENGTHand...
When it FALLSit indicates US Dollar
WEAKNESS
The US Dollar Index is traded like any other instrument assuming your broker supports it
Look for the symbol USDX or DXY
The Dollar Index
Produced by