EDUCATION at NFP Day - 1
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 -0.32% , Japanese yen -0.74% , British
pound, Canadian dollar -0.49% , Swedish krona -0.33% and Swiss franc -0.43% .
What is the Formula Of DXY 0.29%
Here is the formula for calculating DXY:
DXY 0.29% = 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 -0.32% , Japanese yen -0.74% , British
pound, Canadian dollar -0.49% , Swedish krona -0.33% and Swiss franc -0.43% .
What is the Formula Of DXY 0.29%
Here is the formula for calculating DXY:
DXY 0.29% = 50.14348112 × EUR/USD^(-0.576) × USD/JPY^(0.136) × GBP/USD^(-0.119)
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