From:wikipedia
U.S. Dollar Index
From Wikipedia, the free encyclopedia
US Dollar Index and major financial Occasions.
The U.S. Dollar Index (USDX, DXY, DX) is an https://en.wikipedia.org/wiki/Index_number (or measure) of the value of the https://en.wikipedia.org/wiki/United_States_dollar comparative to a https://en.wikipedia.org/wiki/Market_basket of foreign currencies,https://en.wikipedia.org/wiki/U.S._D...ex#cite_note-1 frequently known as a basket of U.S. trade partners' currencies. Https://en.wikipedia.org/wiki/U.S._D...ex#cite_note-2 The Index goes up if the U.S. dollar gains strength (value) compared to other currencies. Https://en.wikipedia.org/wiki/U.S._D...ex#cite_note-3
The index is maintained, and published by the commodity market https://en.wikipedia.org/wiki/Ice_futures_us, together with the title U.S. Dollar Index a registered trademark. Https://en.wikipedia.org/wiki/U.S._D...ex#cite_note-4https://en.wikipedia.org/wiki/U.S._D...ex#cite_note-5
It's a https://en.wikipedia.org/wiki/Weighted_geometric_mean of the dollar's value relative to after select currencies:Https://en.wikipedia.org/wiki/Euro (EUR), 57.6percent fat https://en.wikipedia.org/wiki/Japanese_yen (JPY) 13.6percent fat https://en.wikipedia.org/wiki/Pound_sterling (GBP), 11.9percent fat https://en.wikipedia.org/wiki/Canadian_dollar (CAD), 9.1percent fat https://en.wikipedia.org/wiki/Swedish_krona (SEK), 4.2percent fat https://en.wikipedia.org/wiki/Swiss_franc (CHF) 3.6% fat ----------------------------------------------------------------------------------------------------------------------------------------------------------
If I.m right it is a totally calc value
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Not trading DXY, using DXY as a short term sentimental indior for additional US related pairs, many in M1 and tick data chart, so that I won't interested in long term trend, just lower time period high likelihood destination place...