They are the Euro, Great Britain Pound, Japanese Yen, Canadian Dollar, Swedish Krona and Swiss Franc.
It started in March 1973 at a base rate of 100.
Currently, it is around 80, which means it has fallen relatively 20% in value from 1973.
I use this information as a quick health snapshot of the USD before considering trade decisions.
From the chart below, you can see that the index is ranging around 80 and likewise, the EUR/USD has been ranging these days too.
It may not be a 100% correlation but i feel it does help in a way or another.
I view the US Dollar Index value from Bloomberg.
