📊 Data Methodology

Complete transparency on our data sources and update frequencies

Our Commitment to Data Quality

Reserve Watch aggregates data from six authoritative sources to provide the most comprehensive view of de-dollarization trends. Each data point is linked directly to its official source with full attribution.

All data is publicly available. We simply aggregate, visualize, and analyze it in one place.

Nominal Broad U.S. Dollar Index

Series ID DTWEXBGS
Update Frequency Daily (business days)
Provider Federal Reserve Economic Data (FRED)
📝 Notes: Official USD trade-weighted index against major currencies. Published by Federal Reserve with 3-10 day lag.
View Official Source →

Real-Time DXY Index

Series ID DX-Y.NYB
Update Frequency Real-time (market hours)
Provider Yahoo Finance / ICE Futures
📝 Notes: Live market pricing of USD Dollar Index futures during active trading hours.
View Official Source →

Currency Composition of Foreign Exchange Reserves (CNY)

Series ID COFER
Update Frequency Quarterly
Provider International Monetary Fund (IMF)
📝 Notes: Percentage of global foreign exchange reserves held in Chinese Yuan (CNY/RMB). Updated quarterly with ~2-month lag.
View Official Source →

RMB Global Payment Share

Series ID SWIFT RMB Tracker
Update Frequency Monthly
Provider SWIFT (Society for Worldwide Interbank Financial Telecommunication)
📝 Notes: RMB's share of global payments by value. Published monthly via PDF report with ~1-month lag. Requires PDF parsing.
View Official Source →

CIPS Network Statistics

Series ID CIPS Participants, Daily Average Volume
Update Frequency Annual (participants), Daily average (volume)
Provider Cross-Border Interbank Payment System (CIPS)
📝 Notes: China's international payment infrastructure. Tracks direct/indirect participants and RMB transaction volumes.
View Official Source →

Central Bank Gold Purchases

Series ID WGC Central Bank Demand
Update Frequency Quarterly
Provider World Gold Council
📝 Notes: Net gold purchases by central banks globally (tonnes). Indicates reserve diversification away from fiat currencies.
View Official Source →

Proprietary Indices

RMB Penetration Score: Calculated as (SWIFT Payment Share) × (COFER Reserve Share) × (CIPS Reach Factor / 1000) × 1000. Normalized to 0-100 scale.

Reserve Diversification Pressure: Combines gold's share of reserves with central bank gold purchasing trends. Higher scores indicate greater pressure to diversify away from USD.

Source code for index calculations available on GitHub.

📜 Data Licensing & Terms

Reserve Watch aggregates data from multiple public and commercial sources. All data is used in accordance with respective terms of service:

FRED (Federal Reserve Economic Data)

We use FRED API data for USD indices and economic indicators. FRED data is provided by the Federal Reserve Bank of St. Louis and is free for non-commercial and commercial use.

Terms: https://fred.stlouisfed.org/legal/

Attribution: Data sourced from Federal Reserve Economic Data (FRED), Federal Reserve Bank of St. Louis.

Yahoo Finance / ICE Data (DXY Real-Time)

Real-time DXY data is sourced from Yahoo Finance, which redistributes ICE (Intercontinental Exchange) data. This data is for informational purposes only.

Terms: Yahoo Finance Terms

Disclaimer: ICE data is provided "as is" and may be delayed. Not for redistribution or commercial use without proper licensing.

IMF COFER (Currency Composition of Official Foreign Exchange Reserves)

Reserve share data is sourced from IMF's COFER database via their public API.

Terms: IMF Terms of Use

Attribution: International Monetary Fund, Currency Composition of Official Foreign Exchange Reserves (COFER).

SWIFT RMB Tracker

RMB payment share data is sourced from SWIFT's monthly RMB Tracker reports (publicly available PDFs).

Source: SWIFT RMB Tracker

Note: Data is manually extracted from public reports. SWIFT does not provide an official API.

CIPS (Cross-Border Interbank Payment System)

CIPS participant and volume data is scraped from publicly available information on the CIPS website.

Source: CIPS Official Website

Note: Data is scraped with respect to robots.txt and rate limits. No official API is provided.

World Gold Council (WGC)

Central bank gold purchase data is sourced from World Gold Council's publicly available reports and data.

Terms: WGC Terms & Conditions

Attribution: Data sourced from World Gold Council. © World Gold Council. All rights reserved.

⚠️ Important Disclaimers

Not Investment Advice: All data, indices, and analysis on Reserve Watch are for informational purposes only. Do not constitute financial, investment, or trading advice.

Data Accuracy: While we strive for accuracy, we cannot guarantee the completeness or timeliness of third-party data. Users should verify critical data independently.

Commercial Use: Pro and Team tiers grant you access to enhanced features and analysis, but do not grant redistribution rights to underlying data. Comply with each source's terms of use.

Contact: For licensing inquiries or data removal requests, contact legal@reservewatch.com

← Back to Dashboard