USDX (U.S. Dollar Index)

USDX, also known as the U.S. Dollar Index, is a measure of the value of the United States dollar relative to a basket of foreign currencies. These currencies include the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF). The index rises when the U.S. dollar gains strength against these currencies and falls when it weakens. It's a crucial benchmark for international currency traders and provides an overview of the global economic health from the perspective of the U.S. dollar.