Dollar Index Trading Economics

Dollar index published by the federal reserve.
Dollar index trading economics. View stock market news stock market data and trading information. The dollar index extended gains on friday trading above 93 4 after bloomberg reported the us is poised to sanction hong kong chief lam for a crackdown on protesters and the us labor report showed the economy added more jobs than expected in july 2020. Dollar index dxy index overview by marketwatch. Dxy a complete u s.
Us dollar index analysis s p 500 bulls meet nonfarm payrolls by monica kingsley 39 minutes ago 1 the mid february bearish gap has been closed and the s p 500 is getting ever closer to the. Trading economics members can view download and compare data from nearly 200 countries including more than 20 million economic indicators exchange rates government bond yields stock indexes and commodity prices. The dollar index remains stuck in a range. Dollar has appreciated 20 percent versus the basket of currencies over the time period in question.
An index value of 120 suggests that the u s. The price adjustment is especially important with our asian and south american trading partners due to their significant inflation episodes of the 80s and 90s. While the dxy did fall to its lowest level since 30 june after janet yellen s dovish comments on rate hikes it is still trapped within a tight range. Economics the dollar index remains stuck in a range.
The index is adjusted for the aggregated home inflation rates of all included currencies. Dollar index usdx. Get instant access to a free live streaming chart for the us dollar index. This unique area chart enables you to clearly notice the behavior within the last 3 hours of trading as well as.
Federal reserve in 1973 to provide an external bilateral trade weighted average value of the u s. The dollar has been already trending higher as the demand for the safe haven assets increased on renewed tensions between the us and china. Updated spot exchange rate of dollar index spot dxy against the us dollar index. Dollar index tracks the strength of the dollar against a basket of major currencies.
Group research july 13 2017. Interpreting and trading u s. Interactive chart of historical data showing the broad price adjusted u s.