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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.
The U.S. dollar is predominantly the standard currency unit in which goods are quoted and traded, and with which payments are settled, in the global commodity markets. [ 78 ] The U.S. Dollar Index is an important indicator of the dollar's strength or weakness versus a basket of six foreign currencies.
The Wall Street Journal Dollar Index (WSJ Dollar Index) is an index (or measure) of the value of the U.S. dollar relative to 16 foreign currencies. [1] The index is weighted using data provided by the Bank for International Settlements (BIS) on total foreign exchange (FX) trading volume.
Monday’s price action and the current price at 98.725 likely means the direction of the index on Tuesday will be determined by trader reaction to yesterday’s high at 98.770. The upside ...
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 March U.S. Dollar Index on Friday is likely to be determined by trader reaction to 96.065. U.S. Dollar Index (DX) Futures Technical Analysis – Hovering Just Under Strong ...
t. e. The history of the United States dollar began with moves by the Founding Fathers of the United States of America to establish a national currency based on the Spanish silver dollar, which had been in use in the North American colonies of the Kingdom of Great Britain for over 100 years prior to the United States Declaration of Independence.
The direction of the September U.S. Dollar Index on Monday is likely to be determined by trader reaction to 93.455 and 93.510.