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.
The reading
The news
Moderate bullish impulse
Priced in
Partly priced in
What follows
Nothing worth acting on
Reading as of . Research context, not investment advice. It never tells you what to trade.
How a reading is madeWhy is the US Dollar Index up or down today?
The US Dollar Index reached an 18-month high near 102.50 before easing and turning sideways, with headlines linking the moves to shifting expectations around a Russia-Ukraine energy ceasefire. Fed hawkish rhetoric was cited as lifting the dollar while the euro fell below 1.12, with the dollar described as testing resistance as traders look ahead to Fed speakers and RBA minutes.
Updated
Latest news
Tuesday, October 13
Monday, October 12
- Euro collapses below 1.12 as Fed hawkish rhetoric lifts the US DollarFXStreet
- FX Today: US Dollar hits 17-month high, RBA minutes and Fed speaking, up nextFXStreet
- US Dollar Hits 18-Month High: What It Means for Bitcoin and StocksBeInCrypto
- Dollar Index hits an 18-month high as the energy ceasefire failsFXStreet
- The Dollar Is Testing Resistance AgainActionForex
- US Dollar Index Price Forecast: Turns sideways after hitting fresh yearly highs near 102.50FXStreet
- Forex Today: US Dollar softens amid hopes of Russia-Ukraine energy ceasefireFXStreet
Upcoming economic events
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 14 | ||
| PPI y/y | 4.4% | CNY |
| CPI y/y | 1.0% | CNY |
| Trade Balance | 790B | CNY |
| USD-Denominated Trade Balance | 116.8B | CNY |
| MPC Member Breeden Speaks | GBP | |
| BOE Gov Bailey Speaks | GBP | |
| MPC Member Pill Speaks | GBP | |
| German WPI m/m | 0.6% | EUR |
Day by day
82 days on record since July 22, 2026. Each column is one day: the bar is its headlines, the mark is the reading at its close.
Recent days
- Tue, Oct 13Neutral9 headlines. The US Dollar Index climbed to 17- to 18-month highs near 102.50, lifted by hawkish Federal Reserve rhetoric and the failure of the energy ceasefire, while the euro fell below 1.12.
- Mon, Oct 12Neutral25 headlines. The US Dollar Index has climbed to near 102.50, reaching 17- to 18-month highs and pausing near resistance, with EUR/USD touching a 2026 low.
- Sun, Oct 11Neutral18 headlines. The dollar is in focus ahead of September US CPI data, which is expected to show headline inflation lifted by energy to 3.7% while core holds steady at 2.4%.
- Sat, Oct 10Neutral16 headlines. The US Dollar Index stalled under its high as Fed officials repeated hawkish messages, with debate over whether high bond yields are tight enough to replace further hikes and growing fears of Fed rate hikes strengthening the dollar.
- Fri, Oct 9Weak bearish15 headlines. The dollar has stayed elevated as hawkish Federal Reserve minutes and expectations around Fed policy kept it supported alongside higher Treasury yields and rising oil prices.
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.
Not investment advice. For informational purposes only.