I’ve received a number of questions about the significance of the US$ Index.

The US Dollar Index is an average of six foreign currencies, weighted in accordance with somebody’s perception of their relative importance in the year 1973, when the world’s major nations first let their currencies start to float “freely” against one another:

1. 1. Euro - 57.6%
2. Japanese Yen - 13.6%
3. British Pound - 11.9%
4. Canadian Dollar - 9.1%
5. Swedish Krona - 4.2%
6. Swiss Franc - 3.6%.

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