The USDX futures contract is designed to replicate the performance of being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
FORBES: Bernanke Speaks, Google Beats, GE Mixed, Euro Up: ETFs To Watch
The index reflects the strength of the dollar against a basket of six currencies: the euro, yen, British pound, Canadian dollar, Swiss franc and Swedish krona.
Currencies from the Aussie and Canadian dollars, to the euro and the British pound all crushed the dollar once George W. Bush began his presidency, but the strength of those currencies was a mirage.
FORBES: Book Review: John Allison's The Financial Crisis and the Free Market Cure
In fact, in the early 1990s, Soros made a multi-billion dollar bet that the British pound would significantly depreciate in valueover the course of a single day of trading.
Indeed, all the major currencies such as the dollar, euro and British pound are managed on this basis, with a policy committee that attempts to manage economic conditions with monetary means.
FORBES: 40 Years Of Floating Money, 40 Years Of The Average Worker Getting Poorer
's multibillion-dollar bid to take over British Sky Broadcasting collapsed as the scandal spread.
It only ever made steady profits in the mid-1980s, when the dollar was strong against the British currency.
's decision to withdraw a multi-billion-dollar bid to take over British Sky Broadcasting.
From 2003 to 2006, he says, the British pound strengthened by 28 percent against the dollar.
Since 1998 Schwab has opened more than 130, 000 online accounts in the U.K. British investors can trade in pound sterling or dollar accounts.
According to the U.S. Energy Information Administration, the energy intensity of China in 2005, the most recent year for which data are available, was 35, 766 British thermal units per U.S. dollar.
's multibillion-dollar bid to take full control of British Sky Broadcasting Group PLC.
Likewise, the yen has risen 6% against the Australia dollar and 4.4% against the British pound sterling.
The British pound, Swedish krona, Swiss franc and Canadian dollar are also trading well above their burger benchmark.
Also helping push the Yanks to the top was a strengthening U.S. dollar, which gained 17% on the British pound over the 12-month period we reviewed.
However, they are subject to a different tax and regulatory system than other currencies, such as the dollar and even foreign currencies like euros or British pounds, which makes them cumbersome in transactions.
FORBES: My Day In Washington, Testifying Before Rep. Ron Paul
's attempt fully to take over British satellite broadcaster BSkyB was another casualty, the multi-billion dollar bid dropped in the furor.
CNN: Rupert Murdoch: Media magnate grilled on power, influence
British adaptations of Roald Dahl's Matilda and 2005 film Kinky Boots also broke the million dollar barrier.
Between 1980 and 1985, the U.S. dollar had appreciated 50% against the Yen, Deutsche Mark, French Franc and British Pound.
Just getting all the parts to work together seems overwhelming indeed, it did overwhelm British Airways last month at Heathrow, outside London, when Terminal 5, an eight-billion-dollar structure that was supposed to transform Heathrow from a congested tangle into a place that would thrill passengers with the joy of air travel, all but shut down on its opening day, when a computerized baggage system malfunctioned.
The Panic of 1819 came about in the aftermath of a floating dollar during the 1812-1818 period, which was the result of the War of 1812 with the British.
FORBES: Let It Be Known That No Financial Crisis Was Ever Caused by Stable Money
应用推荐