'WSJ' debuts Wall Street Journal Dollar Index
New York—The Wall Street Journal has debuted the Wall Street Journal Dollar Index. The index, which targets traders and corporate treasurers, is designed to provide a more precise measure of the value of the U.S. dollar.
The index was developed by DJ FX Trader, a specialized foreign exchange news service from Dow Jones & Co., which publishes the Journal. It is based on the latest data on total foreign exchange trading volume from the Bank for International Settlements.