Trade & Finance
The US Dollar Index: Reasons for its Significant Rise and Future Trends
来源:
CHINA FOREX 2022 Issue 3
The USDX is expected to fluctuate within the 100-110 intervals in the second half of 2022.
Author: ZHANG Ming and CHEN Yinmo
The US Dollar Index (USDX) recently hit a 20-year high. It had grown from 95.97 by the end of 2021 to 106.49 on July 27，2022，by an incredible 11%. On July 14，2022，it exceeded 109，hitting an intraday high of 109.29，the highest since 2002.
Why the USDX keeps rising?
The USDX measures the exchange rates of the US dollar relative to a basket of other currencies，reflecting the comprehensive strength of the US dollar in the foreign exchange market. The continued rise of the USDX can be attributed to four factors.
