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is no longer representative of the dollar’s value in trade-weighted terms - China, Mexico, South Korea, and Brazil have superseded Sweden and Switzerland as important trading partners.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
USD bouncing back
09 September, 2024
• Shaky sentiment. A bit of a rebound in risk sentiment overnight following more turbulence on Friday after the US jobs report & Fed comments.• Market swings. US yields near bottom of their range....
Mean Reversion Dominates Markets After Inconclusive Jobs Report
09 September, 2024
Friday’s non-farm payrolls report failed to definitively settle the debate over the size of the Federal Reserve’s first rate cut. Markets initially added to bets on a plus-sized move after the Bureau of...
Dollar Tumbles as US Labour Market Slows
06 September, 2024
US labour markets softened more than expected for a second month in August, bolstering odds on a more decisive easing response from central bankers this autumn. According to data released by the Bureau...
Dollar Edges Lower Into Payrolls
06 September, 2024
The dollar is trading near a one-week low as the minutes count down to what could easily become the year’s most pivotal data release: the August non-farm payrolls report. With investors broadly convinced...
US payrolls in focus
05 September, 2024
• Hold the line. US S&P500 dipped, as did US yields & the USD. US ADP employment underwhelmed. But this hasn’t been a great guide for payrolls.• US employment. Non-farm payrolls tonight....
Dollar Slips on Renewed Recession Fears
05 September, 2024
The dollar is back on the defensive after new data showed the US labour market cooling rapidly, increasing odds on a dramatic opening salvo in the Federal Reserve’s easing cycle later this month. Treasury...
Rate expectations jolted
04 September, 2024
• Mixed markets. Equities slipped again, while bond yields tumbled & the USD softened. JPY strengthened & the AUD clawed back a bit of ground.• US jolts. US job openings declined. US labour market...
Bank of Canada Cuts, Softens Dovish Stance
04 September, 2024
As had been widely expected, the Bank of Canada delivered a third consecutive rate cut this morning, and language in the accompanying communications helped prepare the ground for further easing in the...
Foreshocks Rumble Financial Markets
04 September, 2024
Seismic activity is intensifying across financial markets ahead of Friday’s non-farm payrolls report. A series of temblors hit during yesterday’s session, with Nvidia suffering the largest nominal one-day...
Australia GDP: growth vs levels
04 September, 2024
The dated Q2 Australian GDP confirmed what we should have already known. The growth pulse is subdued with higher interest rates and cost of living squeeze working to constrain consumer spending, construction,...