An index measuring the US dollar's value against a basket of six major currencies. Understanding this piece of market structure helps traders see beyond a single pair's price action to the broader forces shaping global currency flows.
An index measuring the US dollar's value against a basket of six major currencies. Understanding this piece of market structure helps traders see beyond a single pair's price action to the broader forces shaping global currency flows.
It's a widely used gauge of overall dollar strength or weakness. At the intermediate level, this becomes increasingly relevant as traders begin refining strategies, tightening risk controls, and reading the market more critically.
Often plotted alongside individual USD pairs for broader context. Most traders come across this while reviewing charts, monitoring news feeds, or checking their account dashboard, and being able to spot it quickly is a useful practical skill.
IUX
Exness
Vantage
XM
ICMarkets
LiteFinance
Moneta
Tickmill
South Africa (9)
India (9)
Bangladesh (12)
Germany (9)
Thailand (10)
Philippines (9)
Nigeria (10)
Vietnam (10)
Malaysia (9)
