Learn About Futures for No 18th, 2010: US Dollars Index

Since the dawn of commerce and trade, currency has evolved to facilitate the process by providing a medium of exchange and helping people represent a store of value. The circulating medium, whether coins or paper money, was developed in many cultures. The U.S. dollar is a globally recognized hard currency. The U.S. Dollar Index is a measure of the value of the U.S. dollar against six major world currencies using a weighted geometric mean. U.S. Dollar Index futures are traded on the Intercontinental Exchange (ICE) and the CME, but for this lesson, specifications will refer to the ICE contract...more about US Dollars Index

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