Petrochemical plate: because its main crude oil is imported, the appreciation of the US dollar has increased its procurement cost, but the domestic sales price is not allowed to continue to rise;

For China Petroleum, the appreciation of the US dollar is neutral. Because its main business itself is more inclined to produce oil and gas. From this point of view, it is also beneficial, and the retail and market share is also great. From this perspective, it is also negative. After neutralization, it should be counted as PetroChina!

Banking sector: it has little impact on mainland banks and has little to do with US dollar business. As for the large domestic open banks, they think that the appreciation of the US dollar should be negative. Will reduce its comprehensive profit and profit level;

Export plate: for export-oriented stocks, the appreciation of the US dollar is very beneficial to them, which will directly increase their business income and profits. In terms of industries, electronic components, furniture, textiles and clothing, tires, shipping ports, machinery and equipment and other industries will obviously benefit from export recovery;

Import to plate: this is extremely unfavorable to the plate inventory produced and sold mainly by importing resources and deep processing of raw materials in China;

Precious metal plate: the appreciation of the dollar is definitely not conducive to precious metals and stocks such as gold, silver and plates.

Dollar (abbreviation: USD；; Zhan O 42 17 currency code: USD; ; Symbol: USD) is the legal tender of the United States, El Salvador, Panama, Ecuador, East Timor, Marshall Islands, Kiribati and Palau. Dollar banknotes in circulation are all versions of banknotes issued since 1929.

1792 appeared after the passage of the American mint act. At present, the issuance of US dollars is controlled by the Federal Reserve system. Starting from 19 13, the United States established the federal reserve system and issued federal reserve bonds. More than 99% of the banknotes in circulation are federal reserve notes.

The competent department for issuing US dollars is Congress, and the Federal Reserve Bank is responsible for the specific issuance business. After World War II, continental European countries reached an agreement with the United States to use US dollars for international payments. Since then, the dollar has been widely used as a reserve currency in countries outside the United States, and eventually became an international currency.

By the evening of 202 1, 65438+February, 16, the exchange rate of lira against the US dollar had exceeded 15.6, hitting a new low. Since 202 1, the lira has depreciated by more than 50% against the US dollar.

USDX is similar to Dow Jones Industrial Average, which shows the comprehensive situation of American stocks. The dollar index shows the comprehensive value of the dollar. An indicator to measure the strength of various currencies.

Surprisingly, the US dollar index is not from CBOT or CME, but from new york Cotton Exchange (NYCE). New york Cotton Exchange was founded in 1870, which was originally composed of a group of cotton merchants and middlemen. It is the oldest commodity exchange in new york and the most important cotton futures and options exchange in the world.

1985, new york cotton exchange established the finance department, and officially entered the global financial commodity market. The first is the US dollar index futures. The foreign currency and weight used by USDX are the same as the weighting index of US dollar transactions in the Federal Reserve System. Since USDX is only based on foreign exchange quotation indicators, it may be different due to the use of different data sources.

USDX is calculated with reference to the geometric average weighted value 1973 of the exchange rate changes of several major currencies against the US dollar in March, and its value is calculated based on 100.00. For example, the quotation of 105.50 points means that its value has increased by 5.50% since March 1973.

March 1973 was chosen as the reference point because it was a historic turning point in the foreign exchange market. Since then, major trading countries have allowed their currencies to float freely with the currencies of another country. The agreement was reached at the Smithsonian Institution in Washington, D.C., symbolizing the victory of free trade theorists.

The Smithsonian Agreement replaced the unsuccessful fixed exchange rate system reached in Bretton Woods, New Hampshire, USA in 1944.