United States
DXY Dollar Index
DXY Dollar Index, 1973 = 100, Updates Daily
The DXY Dollar Index measures the value of the United States dollar relative to a basket of foreign currencies. It is a weighted geometric mean of the dollar's value relative to the following currencies: EUR (57.6%), JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), CHF (3.6%). The index is widely followed by traders and media as an indicator of the dollar’s strength, but is no longer representative of the dollar’s value in trade-weighted terms - China, Mexico, South Korea, and Brazil have superseded Sweden and Switzerland as important trading partners.
United States
Trade-Weighted Dollar
Trade-Weighted Dollar Indices, Updates Daily
The Federal Reserve Nominal Advanced Economy Dollar Index is a weighted average of the foreign exchange value of the US dollar against a group of the country’s most important industrialized trading partners. The Real Broad Dollar Index is a weighted average of the consumer price index-adjusted foreign exchange value of the dollar against the currencies of a broad group of major trading partners.
United States
Year to Date Performance
Nominal Dollar Gain (+) / Loss (-) Against Foreign Currencies, % Year to Date, Updates Daily
Represents the percentage change, along with the minimum and maximum change in the nominal exchange rate relative to the US dollar year to date.
United States
Currency Volatility
Realized 3-Month Historical DXY Volatility v. Implied Volatility, 3-Month ATM Options, Updates Weekly
Represents realized volatility - the scale and frequency of moves over the prior three months - and implied volatility - the market’s expectations of moves over the next three months. Realized volatility is measured using the annualized standard deviation of daily returns over a three-month rolling time horizon, and implied volatility is derived from at-the-money three-month currency options.
United States
Annual Movement
Year-To-Date % Change in DXY, Adjusted for Breaks, Updates Daily
Historical Movement compares this year’s exchange rate movement – the thick white line – with movement in previous years – the thinner blue lines – to illustrate the degree to which the rate has moved. Performance is equal to the percentage gain or loss in the exchange rate realized over the number of trading days shown on the horizontal axis.
United States
Speculative Positioning
Net Long (+) or Short (-) US Dollar Futures Position Held by Large Speculators, Billions US Dollars, Updates Weekly
The Commodity Futures Trading Commission's weekly Commitments of Traders report provides a breakdown of the net positions for "non-commercial" (speculative) traders in US futures markets. Market participants follow the data to identify extreme long or short positions in a currency - something that can signal a trend reversal.
United States
DXY-Weighted Yield Differential
US-Foreign 10-Year Government Bond Yield Differential, %, Updates Weekly
Represents the difference between the 10-year US Treasury yield and a weighted basket of 10-year yields for the Euro Area, Japan, the UK, Canada, Sweden, and Switzerland. Positive values indicate higher yields in US dollars relative to other currencies, while negative values imply the opposite.
Latest Analysis
Oil and the dollar slide on Iran deal, risk assets rally
15 June, 2026
Oil prices have tumbled and the dollar is trading near a two-week low after Washington and Tehran announced they had reached a tentative agreement to pause the war in the Middle East and reopen the Strait...
US-Iran deal hopes lift global asset prices
12 June, 2026
Good morning. Oil prices are falling and risk assets are climbing after signals from both Washington and Tehran suggested the two sides are closing in on an agreement to pause hostilities and reopen the...
Let's make a deal (again)
11 June, 2026
• US/Iran. Latest reversal by President Trump boosted risk sentiment. US equities rose, oil & bond yields fell. USD weaker. AUD rebounds after a torrid run.• Macro pulse. Energy/supply-chain disruption...
Dollar advances as rate differentials remain positive
11 June, 2026
Good morning. The dollar is trading on a stronger footing ahead of a producer price report that could lend further support. Firmness in the components that feed into the Federal Reserve’s preferred inflation...
Geopolitical tensions weigh on the AUD
10 June, 2026
• Geopolitical jitters. US/Iran tensions dampen sentiment. Equities lower, oil firmer. Cyclical currencies like AUD & NZD weaken. AUD at ~2-month low.• Data pulse. US CPI confirmed an oil-driven acceleration...
Bank of Canada holds, maintains rate neutrality
10 June, 2026
Surprising no one, the Bank of Canada left its policy settings on hold this morning, while warning that it faces a ‘dilemma’ in responding to the risks bearing down on the economy. Higher energy...
US inflation meets expectations, softening the dollar's Iran-driven advance
10 June, 2026
Annual headline inflation hit a three-year high in the United States last month, but decelerated slightly on a monthly basis while a measure of underlying price pressures eased—averting a widely feared...
Groundhog day
09 June, 2026
• Market wobbles. Renewed tensions in the Middle East dampen sentiment. Tech stocks slip back again. AUD still on the backfoot. AUD underperforms.• Macro news. AU consumer confidence falls further below...
Cautious recovery unfolds as tech sector selloff pauses and Mideast tensions ease
09 June, 2026
Good morning. Financial markets are staging a muted recovery as the selloff in US technology stocks eases and tensions in the Middle East ratchet lower. Major indices are on course to extend yesterday’s...
Volatile markets weigh on the AUD
08 June, 2026
• Market swings. Modest improvement in sentiment overnight after risk aversion on Friday. Markets bring forward US rate hike pricing. AUD near 2-month low.• US data. Better than expected US jobs report...