DXY

DXY — DXY is the US Dollar Index. It describes the dollar against a currency basket rather than a single currency pair.

Instrument

DXY · US Dollar Index

Base / quote

DXY / Index points

Quotation basis

Index points

Asset class

Forex

Product context

Index reference

Reading the quotation

US Dollar Index is read as an index level. Compare its percentage movement over the same period with other benchmarks; different starting levels do not measure the relative size or value of their markets.

DXY is expressed in index points. A higher level represents an increase in the index, while a lower level represents a decrease. A point change and a percentage change describe different quantities.

Before trading

When following DXY, keep the observation time and selected chart interval consistent. An index level is distinct from the price and order size of a contract linked to that index.