trade-weighted index

trade-weighted index

a PRICE INDEX that shows the value of one country's CURRENCY measured in terms of a ‘basket’ of other countries’ currencies, where each country's currency is given a weight in the basket proportionate to its share of INTERNATIONAL TRADE. See EXCHANGE RATE.
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A trade-weighted index of the greenback adjusted for inflation is close to its highest point since 2003, showing the headwinds U.S.
A sharp drop in the euro lifted the index in the latest phase, with EUR-USD having the largest weighting by some margin in the calculation of the Intercontinental Exchange's narrow trade-weighted index of the U.S.
With the USD's broad trade-weighted index gaining around 5% since the end of March, it is no surprise that emerging market growth prospects are souring, QNB said.
A stronger US dollar (USD) works as monetary tightening for much of the world economy, spurring capital inflows into US assets and forcing many emerging markets to tighten monetary policy to help limit capital outflows and stabilise currencies, the report added With the USD's broad trade-weighted index gaining around 5 percent since the end of March, it is no surprise that emerging market growth prospects are souring.
FAO's Food Price Index is a trade-weighted index tracking international market prices for five major food commodity groups, it said.
The slight decline in the FAO Food Price Index in August ended three months of consecutive increases.However, despite this, the Index - a trade-weighted index tracking international market prices for five key commodity groups - remained 6 percent above its value a year earlier.
FAO Food Price Index - a monthly trade-weighted index tracking international market prices of five major food commodity groups - averaged 179.1 points in July, its highest value since January 2015, marking a 2.3 percent increase from June 2017 and 10.2 percent rise from its level a year earlier.
The FAO Food Price Index a trade-weighted index tracking international market prices for the cereals, vegetable oils, dairy, meat and sugar commodity groups averaged 163.4 points in June and is now one per cent below the level reached a year earlier.
LONDON: Sterling trade-weighted index fell 1 percent to hit a three-week low on Monday, while the cost of hedging against swings over the coming month traded at its highest since late 2008 on growing concerns over whether Britain will stay in the European Union.
The krona depreciated against major currencies apart from the US dollar during the quarter, or by 0.6% in terms of the trade-weighted index. The krona depreciated by 1% against the euro and 0.8% against the pound sterling, but appreciated by 1.8% against the US dollar.
The trade-weighted index tracks prices on international markets of five major food commodity groups: cereals, meat, dairy products, vegetable oils and sugar.
It marked the lowest level since September 2009 in the trade-weighted index that tracks prices on international markets of five major food commodity groups: cereals, meat, dairy products, vegetable oils, and sugar.