Dollar index

Share: US Dollar Index The Near-term picture remains bearishly aligned, weighed by rising negative momentum and 10/20DMA bear-cross, but the action needs to see clear break of 103.15/01 pivots to signal bearish continuation and open way for deeper drop. The demand for dollar dropped on softer than expected inflation in May which added to strong expectations that Fed will pause rate hikes this time, though the consumer prices are still twice the Markets see a pause in policy tightening as likely scenario, but even in case of no more hikes in coming months, the borrowing cost is expected to remain high for some time, which would underpin the dollar in the longer run. Res: 103.67; 104.00; 104.33; 104.58. Sup: 103.01; 102.83; 102.57; 102.03. The information contained in this document was obtained from sources believed to be reliable, but its accuracy or completeness cannot be guaranteed. Any opinions expressed herein are in good faith, but are subject to change without notice. No liability accepted whatsoever for any direct or consequential loss arising from the use of this document. ©2023 "FXStreet" All Rights Reserved • About Us • About Us • Editorial Guidelines • Ethical Code • Corporate Identity • • • • • • • Languages • Edition • Español • Italiano • Bahasa Indonesia • Português • 日本語 • 繁體中文 • 简体中文 • Русский • Français • العربية • Deutsch • Magyar • Türkçe • Tiếng Việt Disclaimer Note: All information on this page is subject to change. The use of this website constitutes ...

This chart tracks the US Dollar Index which is a leading benchmark for the international value of the US dollar. It is also the world's most widely-recognized, publicly-traded currency index. The US Dollar index measures the value of the U.S. dollar relative to a basket of top 6 currencies: EUR, JPY, GBP, CHF, CAD and SEK. By using the Dollar Index, traders can take advantage of moves in the value of the US dollar relative to a basket of world currencies or can hedge their portfolio of assets against the risk of a move in the US dollar in a single transaction. You may find more information by going to the Technical or Chart sections. 34,422.9 +443.6 +1.31% 4,430.6 +58.0 +1.33% 34,423.28 +443.95 +1.31% 4,430.25 +57.66 +1.32% 13,799.44 +172.96 +1.27% 14.38 +0.50 +3.60% 101.750 -0.774 -0.75% 70.60 +2.33 +3.41% 75.65 +2.45 +3.35% 2.556 +0.214 +9.14% 1,970.65 +1.75 +0.09% 23.957 -0.148 -0.61% 3.8958 +0.0258 +0.67% 1,427.75 +39.75 +2.86% 3.715 -0.083 -2.20% 3.829 -0.056 -1.46% 3.903 -0.106 -2.65% 5.218 -0.035 -0.66% 113.52 +0.64 +0.57% 132.82 -0.33 -0.25% -90.62 -5.24 6.14% 186.18 +2.23 +1.21% 125.24 +1.57 +1.27% 256.01 -0.78 -0.30% 127.28 +0.86 +0.68% 445.93 +5.07 +1.15% 282.04 +8.69 +3.18% 29.38 +0.26 +0.89%

The U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. DXY was originally developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies. The following six currencies are used to calculate the index: The DXY index managed to break the 🟢 support zone ($ 103.6-$ 103.35) 🟢 and has now completed its pullback. Also, DXY seems to have broken the support line with a bearish marubozu candle , and this is a sign for DXY to start falling again, at least until the next 🟢 support zone ($ 102.86-$ 102. The DXY index managed to break the 🟢 support zone ($ 103.6-$ 103.35) 🟢 and has now completed its pullback. Also, DXY seems to have broken the support line with a bearish marubozu candle , and this is a sign for DXY to start falling again, at least until the next 🟢 support zone ($ 102.86-$ 102. This week holds significant implications for the value of the USD, with three distinct scenarios shaping its performance. Blue) Firstly, if the Federal Reserve decides to hold interest rates steady, it is anticipated that the USD may experience a decline in value within the market. This outcome is This week holds significant implications for the value of the USD, with three distinct scenarios shaping its performance. Blue) Firstly, if the Federal Reserve decides to hold ...

NEW YORK, June 14 (Reuters) - The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates steady, as expected, but signaled that borrowing costs will increase by another 50 basis points (bps) by end-December. The dollar index was last down 0.3% at 103.01 after hitting a four-week low of 102.66 in the session. The euro pared gains and last traded at $1.0827 , up 0.3%. Against the Japanese yen, the dollar fell 0.2% to 139.905 . The rate-setting Federal Open Market Committee (FOMC) in a unanimous policy statement issued at the end of its latest two-day meeting, said "holding the target (interest rate) range While signaling more rate increases, Fed Chair Jerome Powell said in a press briefing that the U.S. central bank was not so far away from its target on the benchmark fed funds rate. U.S. central bank forecasts showed most policymakers believe they will need to tighten monetary policy further. Officials now expect the fed funds rate to "As much as inflation is moving in the right direction, it is moving slowly, and the Fed remains frustrated with its inability to move the needle on the unemployment rate," said Chris Low, chief economist at FHN Financial in New York, in emailed comments. "The biggest surprise in the statement and SEP (summary of economic projections) is not the pause or the intent to resume hiking, it is the amount the Fed wants to hike." Low cited St. Louis Fed President James Bullard's comment last month that he saw at least "James Bull...

The U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. ( DXY) originally was developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies. The following six currencies are used to calculate the index: The Dollar Index (DXY) is generally considered to be inversely proportional to Bitcoin (BTCUSD). This chart shows many other similarities that can be noted when overlaying BLX (orange) on the DXY chart (blue). The biggest takeaway with reference to Bitcoin's price movements is that it's possible, c The Dollar Index (DXY) is generally considered to be inversely proportional to Bitcoin (BTCUSD). This chart shows many other similarities that can be noted when overlaying BLX (orange) on the DXY chart (blue). The biggest takeaway with reference to Bitcoin's price movements is that it's possible, c A lot of information in the above 6-month chart of the dollar index, could discuss for hours.. some highlights: 1) The bearish divergence currently printing shall confirm by July 2023 should 100 level collapse. It is the only time in history a bearish divergence of this strength has printed on the A lot of information in the above 6-month chart of the dollar index, could discuss for hours.. some highlights: 1) The bearish divergence currently printing shall ...