DislikedJulius, I forgot to also mention that along with the Usd Index they have the Eur Index, Gbp Index, Chf Index, Jpy Index, Cad Index, Aud Index, and Nzd Index.
Sure there's probably no need for 8 currency indexes but I thought it might be interesting to see them all in a IA account and watch them fight it out.
See pic below, I also attached the hedge IA script that I used...Ignored
you know if your pairs are heavy denoted in one of these pairs it probably wouldn't be a bad idea to have that index... for example the IBFX pairs are JPY heavy... so keeping tabs on JPY index could prove to be a good guide where the "bulk" of the pairs maybe going.
If you're heavier in USD then watch that one, etc.