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<p>[QUOTE="fatima, post: 1482087, member: 22143"]The strength of the dollar is most likely represented by the USDX (NYBOT<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />X) It compares the $ to a basket of currencies and was created when Nixon ended the gold standard in the early 1970s. It compares against the Euro, Yen, Pound, Canadian $, Krona, and the Swiss franc. (not in equal amounts)</p><p><br /></p><p>There is an easier comparison of strength; $ vs barrel of oil.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1482087, member: 22143"]The strength of the dollar is most likely represented by the USDX (NYBOT:DX) It compares the $ to a basket of currencies and was created when Nixon ended the gold standard in the early 1970s. It compares against the Euro, Yen, Pound, Canadian $, Krona, and the Swiss franc. (not in equal amounts) There is an easier comparison of strength; $ vs barrel of oil.[/QUOTE]
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