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Non-Tech : The Woodshed

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To: orkrious who wrote (20001)1/15/2005 11:30:48 PM
From: nspolar  Read Replies (1) of 60908
 
ork, the $XJY is not an index, again if I'm not mistaken. It is just Dollar per Yen.

The $USD is an index, as is the Euro, again if not mistaken. I am not sure how the Euro index is figured. If Louis Lambrecht is reading he probably knows .... I suspect it is some weighting of the currencies that make up the Euro.

Someone posted the weightings of the dollar index on here a while back ... Euro and Yen make up the bulk of it. So the dollar is most dependent on the Dollar per Euro and Dollar per Yen, per recollection.

Confusing ... yes definitely.
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