US Dollar Index


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US Dollar Index Trading

US Dollar Index History

USDX was founded in March 1973, shortly after the Bretton Woods system was dismantled. The US Dollar Index began with a value of 100,000. Since then, it has fluctuated between highs of 164.7200 in February 1985 and lows of 70.698 on March 16, 2008.

US Dollar Index News

The US Dollar Index, abbreviated DXY, is used by investors to determine the value of the US dollar in relation to a basket of currencies used by US trading partners. The Index will increase in value if the Dollar is strong against these currencies and decrease in value if the Dollar weakens against them. Prepare your technical analysis of the US Dollar Index by following its price on the chart and staying current with market headlines, guidance articles, and the dollar index prediction.

US Dollar Index FAQs

The US Dollar Index is a measure of the value of the US dollar in relation to a basket of foreign currencies, sometimes referred to as a basket of currencies of the United States' trading partners. The Index increases in value as the United States dollar acquires "strength" in relation to other currencies.

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Source - database | Page ID - 4175

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