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trade-weighted

    0.01 sec.
trade-weighted
adj
(Economics, Accounting & Finance / Banking & Finance) (of exchange rates) weighted according to the volume of trade between the various countries involved


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Taking a look at the trade-weighted dollar index, we can see much of the same chart as in EURUSD, AUDUSD or NZDUSD - an anti-dollar trend channel that has come to some measure of resistance.
The effective rate shows the yen's trade-weighted value against 15 major currencies, such as the U.
4 on a trade-weighted basis, its weakest since January 1996, after data showed Britain's dominant services sector contracted last month at its fastest pace since records began.
 
 
 
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