CurrencyICEContinuous

U.S. Dollar Index (DXY)

What is U.S. Dollar Index (DXY)?

Weighted index of the dollar against six major currencies.

Why it matters

Dollar strength/weakness drives EM asset performance and commodity pricing.

How to read prints

When it rises

Dollar strengthening; tightens global financial conditions, pressures EM and commodities.

When it falls

Dollar weakening; eases global conditions, supports EM and commodities.

Frequently asked

What is the DXY?
The U.S. Dollar Index measures the dollar against a basket of six developed-market currencies: EUR (57.6%), JPY (13.6%), GBP (11.9%), CAD (9.1%), SEK (4.2%), CHF (3.6%).
Why does DXY matter to U.S. equities?
A stronger dollar pressures S&P 500 earnings (40%+ are international), commodity prices, and EM equity returns.
What drives DXY?
Real rate differentials vs. other developed markets, global risk appetite (safe-haven flows), and Fed policy expectations.
How does DXY relate to commodity prices?
Most commodities are priced in dollars. A stronger DXY mechanically pressures gold, oil, and base metal prices, all else equal.

Track it on Market Ontology

Monitor U.S. Dollar Index (DXY) in real time on Rates & Curves, alongside regime classification, transmission mapping, and cross-asset context.

SourceICE
FrequencyContinuous
CategoryCurrency
FRED SeriesDTWEXBGS
Unitindex
Related ModuleRates & Curves

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