The rise of the US dollar index shows that the exchange rate between the US dollar and other currencies has risen, that is to say, the US dollar has appreciated, the major international commodities are denominated in US dollars, and the corresponding commodity prices have fallen.

The appreciation of the US dollar is beneficial to the whole American economy, enhancing the value of its own currency and increasing its purchasing power. But it will also have an impact on some industries, such as the export industry. Currency appreciation will reduce the price of export commodities, so it will have an impact on the export commodities of some companies. If the dollar index falls, the opposite is true.

Dollar index (USDollarIndex? USDX) is an indicator that comprehensively reflects the status of the US dollar in the international foreign exchange market, and is used to measure the degree of change of the US dollar against a basket of currencies.

The US dollar index was originally published by new york Cotton Exchange (NYCE).