MoneyTec Traders Community Forum - View Single Post

mishak · 18-04-2005, 02:00

USD index is based on the basket representing the structure of the USA foreign trade with other countries. So, it is just a proxy for the overall strength of the USD.

It is made up of the Euro (57.6%), Japanese Yen (13.6%), the U.K. Pound (11.90%), the Canadian Dollar (9.10%), the Swedish Krona (4.2%) and the Swiss Franc (3.6%).

18-04-2005, 02:00	#3
mishak old hand Join Date: Oct 2003 Posts: 1,066 Downloads: 0 Uploads: 0 Rep Power: 0	Re: How To Use Index Dollar Indicator USD index is based on the basket representing the structure of the USA foreign trade with other countries. So, it is just a proxy for the overall strength of the USD. It is made up of the Euro (57.6%), Japanese Yen (13.6%), the U.K. Pound (11.90%), the Canadian Dollar (9.10%), the Swedish Krona (4.2%) and the Swiss Franc (3.6%). __________________ Take Care and Have Fun