United States
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is no longer representative of the dollar’s value in trade-weighted terms - China, Mexico, South Korea, and Brazil have superseded Sweden and Switzerland as important trading partners.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
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
Latest Analysis
US economic worries & the USD
06 August, 2025
• Upbeat tone. US equities have rebounded over recent days, while bond yields & the USD lost ground. AUD & NZD have edged a little higher.• US macro. A run of weak US data has boosted Fed rate...
Dollar Tumbles After US Job Creation Collapses
01 August, 2025
The dollar is plunging after the US labour market hit a wall last month, reinforcing market expectations for at least two rate cuts from the Federal Reserve in the back half of the year. According to data...
US jobs report in focus
31 July, 2025
• Mixed markets. Equities slipped back & USD ticked up overnight. AUD & NZD remain on the backfoot. JPY weaker after some BoJ comments.• US data. US jobs report out tonight. There has been a tendency...
US Inflation Accelerates, Spending Growth Slows
31 July, 2025
The Federal Reserve’s preferred inflation measure exhibited signs of acceleration last month even as personal spending growth slowed, providing more evidence of a “stagflation-lite” situation in the US...
USD jolt
30 July, 2025
• USD strength. Positive USD data & a patient Fed has supported the USD. This has weighed on other currencies like the AUD & NZD.• AU CPI. Q2 inflation softer than predicted. This reinforced expectations...
Fed Keeps Rates On Hold Even As Consensus Breaks Down
30 July, 2025
The Federal Reserve downgraded its assessment of the economy even as it held interest rates steady for a fifth straight meeting, and stopped short of executing the sort of communications pivot that might...
Bank of Canada Holds Rates, Telegraphs Readiness to Cut
30 July, 2025
After a series of rate cuts, the Bank of Canada decided to leave interest rates unchanged for a third consecutive time this morning, but signalled a willingness to cut rates again if inflation stabilises...
US Economy Rebounds, But Underlying Indicators Point to Slowdown Ahead
30 July, 2025
The world’s biggest economy staged a snappish recovery in the second quarter as tariff front-running effects were unwound, but signs of moderating growth were clearly visible, suggesting that momentum...
Currency Traders Turn Cautious As Event Risks Multiply
29 July, 2025
The US dollar is gaining as investors turn more cautious ahead of a raft of important economic data releases and central bank decisions through the remainder of the week. In a pattern familiar to aficionados...
Dollar Climbs On Trade Deal With EU, Traders Brace For Havoc Ahead
28 July, 2025
The dollar is outperforming all of its major counterparts after the US reached a trade deal with the European Union, reducing uncertainties facing businesses and investors on both sides of the pond. Treasury...