Advertisements

What is the ICE Dollar Index

by admin

ICE is an index tracked, measured and calculated by ICE(Intercontinental Exchange, USA). It is different from the Dow Jones FXCM Dollar Index, which was developed by Dow Jones Indexes in cooperation with FXCM.

The ICE Dollar Index is calculated by calculating the overall strength of the dollar based on the trade settlement volume between major countries and the United States in a weighted way, and uses 100 points as the demarcation line.

Advertisements

Each weight (%) : 57.6, 13.6, 11.9, Canadian dollar 9.1, Swedish krona 4.2, 3.6.

Advertisements

The current ICE Dollar Index reflects the dollar’s average relative to the 1973 base point.

Advertisements
Advertisements

You may also like

blank

MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.【Contact us: [email protected]

© 2024 Copyright  mydayfinance.com