TrendsInvesting
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TrendsInvesting created the indices for 18 currencies:
INDEXUSD, INDEXEUR, INDEXJPY, INDEXGBP, INDEXAUD, INDEXCHF, INDEXCAD, INDEXMXN, INDEXNZD, INDEXSEK, INDEXHKD, INDEXNOK, INDEXTRY, INDEXZAR, INDEXDKK, INDEXPLN, INDEXHUF, INDEXCZK
The indices measure a currency performance in relation to the seven most traded currencies in the world: the U.S. Dollar, the Euro, the Japanese Yen, the Pound Sterling, the Australian Dollar, the Swiss Franc and the Canadian Dollar. The indices are weighted by each of the currency’s percentage share of the average daily foreign exchange market turnover in April 2013. The statistics were published by the Bank for International Settlements:
Triennial Central Bank Survey Foreign exchange turnover in April 2013: preliminary global results, Monetary and Economic Department, Bank for International Settlements 2013, http://www.bis.org/publ/rpfx13fx.pdf
The indices’ value for January 1st 2000 equals 100.00
Here are the indices:
http://www.trendsinvesting.com/fx-screener
What do you think about this method of measuring the relative strength of every currency?
INDEXUSD, INDEXEUR, INDEXJPY, INDEXGBP, INDEXAUD, INDEXCHF, INDEXCAD, INDEXMXN, INDEXNZD, INDEXSEK, INDEXHKD, INDEXNOK, INDEXTRY, INDEXZAR, INDEXDKK, INDEXPLN, INDEXHUF, INDEXCZK
The indices measure a currency performance in relation to the seven most traded currencies in the world: the U.S. Dollar, the Euro, the Japanese Yen, the Pound Sterling, the Australian Dollar, the Swiss Franc and the Canadian Dollar. The indices are weighted by each of the currency’s percentage share of the average daily foreign exchange market turnover in April 2013. The statistics were published by the Bank for International Settlements:
Triennial Central Bank Survey Foreign exchange turnover in April 2013: preliminary global results, Monetary and Economic Department, Bank for International Settlements 2013, http://www.bis.org/publ/rpfx13fx.pdf
The indices’ value for January 1st 2000 equals 100.00
Here are the indices:
http://www.trendsinvesting.com/fx-screener
What do you think about this method of measuring the relative strength of every currency?
