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US Dollar Index

The U.S. Dollar Index is an overall measure of the value of the USD relative to a basket of foreign currencies.

The code for the index is USDX or DXY.

 

Latest US Dollar Index (USDX)

90.23

USDX - Trend & Alerts

USDX at 90.21 is 1.2% below its 90-DAY average, range 89.41-94.05.
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30-DAY-HIGH (5d)
 
US Dollar Index chart

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US Dollar Index - What is it?

The U.S. Dollar Index is an measure of the value of the United States dollar relative to a basket of six foreign currencies. The Index goes up when the U.S. dollar is stronger compared to other currencies.

For some relative context, the US Dollar Index started in 1973 at the value of 100.000. It has since traded as high as 164.72 in February 1985, and as low as 70.69 in March 2008.

Which currencies are in the US Dollar Index ?

The US Dollar Index is a weighted geometric mean of the US dollar's value relative to following six currencies:

  • Euro (EUR), 57.6% weight
  • Japanese yen (JPY) 13.6% weight
  • Pound sterling (GBP), 11.9% weight
  • Canadian dollar (CAD), 9.1% weight
  • Swedish krona (SEK), 4.2% weight
  • Swiss franc (CHF) 3.6% weight

The table below compares the USD-X 90 day trend relative to the USD directly against each of the six index currencies: USD-EUR, USD-JPY, USD-GBP etc.

90.23
 
USD-X
1M-HIGH (5d)
0.8214
USD-EUR
1D0.5% (1d)1M-HIGH (3d)
103.78
USD-JPY
2W-LOW (2d)
0.7309
USD-GBP
1D0.5% (2d)3M-LOW (2d)
1.2740
USD-CAD
1D0.8% (1d)3M-LOW (2d)
8.3433
USD-SEK
1D0.6% (1d)1M-HIGH (5d)
0.8852
USD-CHF
1D0.5% (1d)2W-LOW (1d)

US Dollar Forecasts

Most banks and forecasters expect the down trend for USD to continue, along with an increase in volatility, with some predictions of a 20 per cent or more fall for the greenback in 2021.

Get more details in the article US Dollar Forecasts.

Forecasts for the US dollar change all the time, affected by news events and relative sentiment towards the US economy.

Read our US Dollar Forecasts, Trends and News for a review of forecasts from banks and FX experts as well as news and recent movements of USD in the currency markets.