What is the US Dollar Index (DXY)?

The DXY measures the value of the US dollar against a basket of six major currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc.

What moves the Dollar Index?

The DXY is driven mainly by US interest-rate expectations, US growth and inflation relative to other economies, and safe-haven flows into or out of the dollar.

What is the DXY made up of?

The index is weighted heavily toward the euro (around 58%), followed by the yen, pound, Canadian dollar, krona, and Swiss franc — so EUR/USD moves dominate it.

NewsPips AI

US Dollar Index (DXY) news & analysis

The US Dollar Index (DXY) measures the value of the US dollar against a basket of major world currencies.

Why is the US Dollar Index up or down today?

The US Dollar Index is sliding for a fourth consecutive session, pressured by soft U.S. producer prices and weak retail sales that have trimmed expectations for further Federal Reserve rate hikes. This has lifted the euro and the British pound to a three-month high, while analysts warn of an imminent breakdown risk for the dollar. The market's focus is on the shrinking Fed hike path as the key driver of dollar weakness.

Updated 2 hr. ago

Latest news

The Dollar Index breaks on the fourth consecutive soft print
www.fxstreet.com · yesterday
investingLive Americas FX news wrap 14 Aug: Stocks finish mixed as yields rise and the dollar falls
investinglive.com · yesterday
Euro climbs as fading Fed hike expectations pressure US Dollar
www.fxstreet.com · yesterday
Dollar Index Faces Imminent Breakdown Risk as Fed Hike Path Shrinks
www.actionforex.com · 13 hr. ago
GOLD: McClellan Warns Investors To Expect A Lot More Downside In US Dollar
kingworldnews.com · 2 days ago
US Dollar Weekly Forecast: Fed hawks circle, but weak data clips the Dollar’s wings
www.fxstreet.com · yesterday
British Pound hits three-month high as weak US sales deepen USD slide
www.fxstreet.com · yesterday
Asia FX ticks up, dollar dips after soft U.S. PPI curbs Fed hike bets
www.investing.com · 2 days ago

Upcoming economic events

2026-08-16 — BusinessNZ Services Index · NZD
2026-08-16 — FPI m/m · NZD
2026-08-16 — Rightmove HPI m/m · GBP
2026-08-16 — Prelim GDP q/q · forecast 0.5% · JPY
2026-08-16 — Prelim GDP Price Index y/y · forecast 2.3% · JPY
2026-08-17 — New Home Prices m/m · CNY
2026-08-17 — Unemployment Rate · forecast 5.1% · CNY
2026-08-17 — Fixed Asset Investment ytd/y · forecast -6.2% · CNY

Learn what moves US Dollar Index →

Related markets

Frequently asked questions

What is the US Dollar Index (DXY)?: The DXY measures the value of the US dollar against a basket of six major currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc.
What moves the Dollar Index?: The DXY is driven mainly by US interest-rate expectations, US growth and inflation relative to other economies, and safe-haven flows into or out of the dollar.
What is the DXY made up of?: The index is weighted heavily toward the euro (around 58%), followed by the yen, pound, Canadian dollar, krona, and Swiss franc — so EUR/USD moves dominate it.
Why is the US Dollar Index up or down today?: The US Dollar Index moves on the day's US interest-rate expectations and on how US data compares with the rest of the world, plus safe-haven flows. For the specific reason behind today's move, see the analysis at the top of this page.

See US Dollar Index analysis live

NewsPips AI continuously analyses the news that moves US Dollar Index.

Try a live analysis

Not investment advice. For informational purposes only.

We use cookies to keep you signed in (strictly necessary — always on). With your permission, we also use Sentry to collect error diagnostics including your IP address and browser metadata (no session replay) so we can fix bugs. See our privacy policy.