Sat, May 23, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Bloomberg Indexes creates new dollar gauge that includes emerging-market currencies

Posted on 31 October 2013

Bloomberg Indexes introduced a new index on Wednesday to gauge the U.S. dollar’s strength that includes emerging-market currencies like the Chinese offshore renminbi and Mexican peso.
The Bloomberg U.S. Dollar Index contains 10 currencies and is rebalanced every year based on trading and liquidity data. The index has a 34.3% weighting toward the euro , and also consists of the yen , Canadian dollar, pound, Mexican peso, Australian dollar, Swiss franc, South Korean won, Chinese offshore renminbi and Singapore dollar……………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31