Currency Index

Live Market Data

Visualize the relative strength of major currencies against the global market basket.

How to use the Currency Index

The Currency Index allows you to isolate the strength of a specific currency relative to the entire market, rather than just against one pair.

  • Identify True Trends: If EUR/USD is rising, is it because Euro is strong or Dollar is weak? The Currency Index reveals the answer.
  • Filter Strong vs Weak: The best trading opportunities often come from pairing the strongest currency against the weakest one.
  • Confirmation: Use the index to confirm breakout signals on individual pairs.

Calculation Methodology

Our index is calculated by taking the average variation of each currency against a basket of 7 major global currencies (USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD).

Index(t) = Index(t-1) * (1 + (Change vs USD - Avg Market Change vs USD))