The Dow Jones FXCM Indices take a real-world, transparent approach to measuring economically significant currencies in real-time. The indices are offered collaboratively by S&P Dow Jones Indices, a premier global index provider, and FXCM, an acknowledged leader in the online foreign exchange brokerage space.
Currently available are the following indices:
The Dow Jones FXCM Dollar Index reflects changes in the value of the U.S. dollar measured against a basket of the most liquid currencies in the world. The index is built by equal weighting the following currency pairs: EUR/USD, GBP/USD, USD/JPY and AUD/USD. Together, this basket typically accounts for 80% of world-wide currency spot market activity and reflects a diverse economic and geopolitical make-up.
The Dow Jones FXCM Yen Index reflects changes in the value of the Japanese yen measured against a basket of four liquid currencies. It is constructed by equal weighting four currency pairs-USD/JPY, EUR/JPY, AUD/JPY and NZD/JPY-as of the index inception date and at rebalancings. These currency pairs were selected for the index primarily based on their liquidity and on real capital flows between the represented economies, while also considering geographic diversification.