Month: September 2019

How Much Do You Know About Dollar Index?

The U.S. Dollar Index (USDX) is a measure of the value of the United States dollar relative to a basket of foreign currencies. The index is maintained and published by ICE (Intercontinental Exchange, Inc.)   It was originally was developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against …

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