What is the Dollar Index - DXY - USDX ?
What is the Dollar Index?
The U.S. Dollar Index is a geometrically-averaged calculation of six currencies weighted against
the U.S. dollar
Which currencies are included in the U.S. Dollar Index?
The U.S. Dollar Index contains six component currencies: the euro, Japanese yen, British
pound, Canadian dollar, Swedish krona and Swiss franc.
What is the Formula Of DXY
Here is the formula for calculating DXY:
DXY = 50.14348112 × EUR/USD^(-0.576) × USD/JPY^(0.136) × GBP/USD^(-0.119)
The U.S. Dollar Index is a geometrically-averaged calculation of six currencies weighted against
the U.S. dollar
Which currencies are included in the U.S. Dollar Index?
The U.S. Dollar Index contains six component currencies: the euro, Japanese yen, British
pound, Canadian dollar, Swedish krona and Swiss franc.
What is the Formula Of DXY
Here is the formula for calculating DXY:
DXY = 50.14348112 × EUR/USD^(-0.576) × USD/JPY^(0.136) × GBP/USD^(-0.119)
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