Definition of DXY (US Dollar Index)
An index that measures the value of the US Dollar against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF). A rising DXY means the dollar is strengthening.
At a glance
Term
DXY (US Dollar Index)
URL slug
dxy-us-dollar-index
Category
Pricing & quotes
Short answer
An index that measures the value of the US Dollar against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF).
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Example
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Common mistake
Common mistake: using “DXY (US Dollar Index)” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
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FAQ
An index that measures the value of the US Dollar against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF).
Knowing the precise definition of “DXY (US Dollar Index)” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “DXY (US Dollar Index)” as loose slang while your broker/platform specification defines it more narrowly.