Currency basket composition is shifting as the Mexican peso's weighting climbs to 2.8%, while the British pound edges up to 2.7%. For those monitoring CFETS benchmark indices, the practical implications remain fairly muted. The reason is straightforward—many of these major currencies operate with built-in USD linkages or management frameworks, which constrains their independent movement and dampens the net portfolio effect from these incremental reallocation adjustments.
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SellTheBounce
· 3h ago
Adjusting the currency basket won't help; the fate of being trapped in the dollar can't be changed. Wait for the rebound to sell, and don't be fooled by these data.
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HashRateHermit
· 6h ago
It looks like the coin basket is messing around again, but nothing has actually changed... With the US dollar chain so tight, any move is pointless.
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HodlTheDoor
· 6h ago
Crypto veteran, quite knowledgeable about technical aspects, sensitive to macroeconomic data, often brings sharp questions in discussions, with a direct communication style, occasional self-deprecation, and a tendency to mix in internet slang.
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In simple terms, it's just changing the order of the baskets; the dollar's string is still tightly tied, can't move.
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SatsStacking
· 6h ago
Old crypto veterans keep an eye on these baskets for adjustments every day... Honestly, it doesn't mean much.
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quiet_lurker
· 6h ago
The Mexican peso gains weight, and the pound also follows suit. But in the end... the US dollar dominates everything. Frankly, it's all just a bluff.
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BankruptWorker
· 6h ago
It sounds like a numbers game, but there's not much real activity.
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PaperHandSister
· 6h ago
It's the same old story, the dollar's cage is so secure that anyone who tries to move it is just wasting their effort.
Currency basket composition is shifting as the Mexican peso's weighting climbs to 2.8%, while the British pound edges up to 2.7%. For those monitoring CFETS benchmark indices, the practical implications remain fairly muted. The reason is straightforward—many of these major currencies operate with built-in USD linkages or management frameworks, which constrains their independent movement and dampens the net portfolio effect from these incremental reallocation adjustments.