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What is Dollar Index and why it's important ? Dollar Index (often referred as to DXY) is a measure of the value of the U.S. dollar relative to a basket of 6 Foreign Currencies 🔰Foreign Currency Weightages against the measure Euro - 57% Japanese Yen - 13.6% Canadian Dollar - 9.1% British Pound - 11.9% Swedish Krona - 4.2% Swiss Franc - 3.6% ...
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