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FxCanli
8 Th12 2017 11:19

EDUCATION at NFP Day - 1 Đào tạo

U.S. Dollar Currency IndexTVC

Mô tả

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)
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sedaturec
Tesekkurler!
KarimSeg
i have a doubt, why is the EURUSD the only currency elevated with a negative number, and the value of 50.14348... represents what exactly? great posts by the way
servet61
thanks FxCanli
sonalisingh
Thank you - Very useful and important to understand the correlation !
IsmaelSant
Why is it important in trading? Thanks!
atraikov
@IsmaelSant, usually if $ index is going down, major pairs like eurusd and gbpusd are going as $ is considered to weaken... in my opinion
jeffreyjim
" Nice Post Thanks"
emanyueel
Thanks for this information Master
PALIKO
ovely thankyou for the training
Successhaven45
thank you for the analysis
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