- Security Type:Rate
USD Bloomberg Correlation-Weighted Currency Index+ Add to Watchlist
BCWIUSD:IND101.58 0.60 0.60%
As of 16:59:59 ET on 09/19/2014.
Snapshot for USD Bloomberg Correlation-Weighted Currency Index (BCWIUSD)
- BCWIUSD:IND 101.58
Rate Profile Information for BCWIUSD
The Bloomberg Correlation-Weighted Currency Indices (BCWI) provide an indication of the relative strength or weakness of one currency against the world, i.e., a representative basket of currencies. These indices can then be used as the basis for contracts that allow the holder to hedge against exposure to adverse movements in that currency or to take speculative positions on the broad future strength or weakness of the currency.