November 2011
Beginner
335 pages
9h 33m
English
Content preview from Inside the Currency Market: Mechanics, Valuation, and Strategies
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CME Dollar
The Chicago Mercantile Exchange began trade of a new dollar index. The index is based on a simple average. The weights are as follows: Euro 45.2840, yen 22.1649, British pound 14.5479, Swiss franc 5.9359, Australian dollar 4.1163, Canadian dollar 3.6097, and Swedish krona 4.3414. The 2009 to 2010 multiplier was 34.9870792920 (CME Rulebook 2010).
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