I read this somewhere and learned something - The U.S. Dollar Indexr (USDXr) provides the world with a comprehensive barometer of the value of the U.S. Dollar, 24 hours a day. The USDX is calculated continuously by Reuters using foreign exchange quotes from hundreds of banks around the world, and disseminated by FINEXr to all leading market data services. The USDX tracks the value of the dollar against a basket of six major world currencies. Just as the Dow Jones Industrial Average provides a general indication of the value of the U.S. stock market, the U.S. Dollar Index (USDX) provides a general indication of the international value of the U.S. Dollar. The USDX does this by averaging the exchange rates between the U.S. Dollar and six major world currencies. USDX Components are :- Euro 0.576 , Japanese Yen 0.136 , British Pound 0.119 , Canadian Dollar 0.091 , Swedish Krona 0.042 , Swiss France 0.036
