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..... I was confused on the dollar index...now I know that the index measures strenth among "all" other currencies.....
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Just to clarify..... The USD index is computed using a "tradeweighted geometric average" of the change in 6 exchange rates against the USD relative to March, 1973. It measures the dollar's general value relative to a base of 100.00
The 6 components are:
Euro: 57.6%
Jpy: 13.6%
Gbp: 11.9%
Cad: 9.1%
Sek: 4.2%
Chf: 3.6%
As Dave said, its a useful guide for the overall strength of the USD - not just against the component ccy's.
Good Luck and Trade Well.....
Flow