ICE Dollar Index, Dow Jones FXCM Dollar Index and Euro [MWD]




Gold, Euro and Dollar markets are correlated. Sometimes they accompany and sometimes they don't. The base is the gold. It is more useful to read the Euro and US Dollar markets by comparing them to each other. This page is for that.

Euro area (Eurozone) currency : Euro (EUR) : Euro currency sign (symbol): € / c. Euro Currency code: EUR. Euro area country code: EU. 1 euro = 100 cents, 1€ = 100c. The countries of Euro area use the euro (€) as their sole legal tender and Euro is the official currency of 19 of the 27 member states of the European Union . Euro area is a monetary union of 19 of the 28 European Union (EU) member states. Euro nicknames: Fiber, Eυρώ (Greek), Eiro (Latvian), Евро (Bulgarian), Euró (Hungarian), Ewro (Maltese), Evro (Slovene), Euras (Lithuanian). Euro area (eurozone) central bank is European Central Bank (ECB) and the headquarters are in Frankfurt, Germany. The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.

Dow Jones FXCM Dollar Index Basket (FXCM: USDOLLAR) : Began on January 1, 2011, at a value of 10,000.00. Reflects the change in value of the US dollar measured against a basket of the most liquid currencies. Represents an equivalent $10,000 position in each of the currencies that make it up. Rises when the Dollar rises against the Euro, the British Pound, and the Australian Dollar and falls as the Dollar depreciates compared to these currencies. Trading Hours: trading opens on Sundays between 5:00 PM ET and 5:15 PM ET and closes on Fridays around 4:55 PM ET. Minimum Pip Cost (Value): $1 per point.