What is dollar index?
"Just as the Dow Jones Industrial Average provides a general indication of the value of the US stock market, the US Dollar Index (USDX®) provides a general indication of the international value of the US Dollar." [1]
"The main objective of the staff’s current indexes is to summarize the effects of dollar appreciation and depreciation against foreign currencies on the competitiveness of U.S. products relative to goods produced by important trading partners of the United States. " [2]
COMMODITY INDEX
Commodity index includes different commodities. The image below [3] shows a comparision of comodity indecies.
Resource:[1] http://www.akmos.com/main/forex/usdx.html
[2] http://www.federalreserve.gov/releases/h10/weights/
[3] http://onwirtschaft.t-online.de/c/84/64/32/8464324.html
