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U.S. Dollar Index

Money, Credit and Financial Markets

The U.S. Dollar Index measures the value of the United States dollar relative to a basket of six foreign currencies, rising when the dollar strengthens against them and falling when it weakens. It was launched in March 1973, shortly after the collapse of the Bretton Woods system, with a starting value of 100.000. The basket weights the euro at 57.6 percent, the Japanese yen at 13.6 percent, the pound sterling at 11.9 percent, the Canadian dollar at 9.1 percent, the Swedish krona at 4.2 percent, and the Swiss franc at 3.6 percent, combined through a weighted geometric mean of the underlying exchange rates. The index is designed, maintained, and published by ICE, the Intercontinental Exchange, as a registered trademark. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/

Facts
Classification
Release Frequency
Daily 1
Standard published release cadence for U.S. Dollar Index (official statistical release schedule).
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Sources
1. Wikipedia
Wikimedia Foundation
Wikipedia: U.S. Dollar Index
Lead paragraph, first sentence defining the index
Quote, Lead paragraph, first sentence defining the index
The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies.
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