Bannockburn World Currency Index Recoups 50% of Loss since June 2021 High, with Golden Cross
Marc Chandler
January 27, 2023
The Bannockburn’s World Currency Index (BWCI) is a
GDP-weighted currency basket representing the currencies of the top 12
economies, with the eurozone counted as one.The US is the world’s largest economy and the dollar’s share
of the index is almost 31%. China is the second-largest economy and has a
nearly 22% weight.The euro is next with a 19% we…
Bannockburn World Currency Index Recoups 50% of Loss since June 2021 High, with Golden Cross
Reviewed by Marc Chandler
on
January 27, 2023
Rating:
Reviewed by Marc Chandler
on
January 27, 2023
Rating:
