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US Dollar Index (DXY)

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Dollar strength vs. basket of 6 major currencies • Updated:

DXY Index

108.45+0.32 (+0.30%)

52W HIGH

110.23

52W LOW

99.87

YTD CHANGE

+5.8%

STATUS

STRONG

DXY Currency Components

PAIRRATECHANGEDXY WEIGHT
EUR/USD1.0432-0.15%57.6%
USD/JPY156.7800+0.45%13.6%
GBP/USD1.2156-0.22%11.9%
USD/CAD1.4312+0.18%9.1%
USD/SEK11.1200+0.25%4.2%
USD/CHF0.9123+0.08%3.6%

Key Relationship

📊 Dollar Strength = Gold Weakness

DXY and gold typically move inversely. A strong dollar makes gold more expensive for foreign buyers, pressuring prices. Current DXY strength above 108 is a headwind for gold.

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Understanding the Dollar Index

What is the DXY?

The US Dollar Index (DXY) measures the dollar's value against a basket of six major currencies: Euro (57.6%), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%), and Swiss Franc (3.6%). A reading above 100 indicates dollar strength.

Why It Matters for Your Portfolio

A strong dollar reduces returns from international investments when converted back to USD. It also pressures commodities (priced in dollars) and hurts US exporters. Understanding DXY trends is essential for global asset allocation.

2026 Dollar Outlook

The dollar has strengthened on higher US rates relative to Europe/Japan, and safe-haven flows. However, the massive US fiscal deficit and eventual Fed rate cuts could pressure the dollar later in 2026, potentially benefiting gold and international equities.

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