US Dollar Index (DXY)

The US Dollar Index (DXY) measures the value of the US dollar against a basket of six major currencies. When it rises, the dollar is getting stronger. In the pane it is called “DXY”.

How to read it

• A rising dollar tightens liquidity worldwide and in the past has often moved against Bitcoin and other risk assets. A falling dollar was usually a tailwind.
• The relationship is not a fixed rule. There are phases in which the dollar and Bitcoin rise together.
• The direction over several weeks says more than the level.

Good to know

• The pane works on any symbol; its series does not depend on the chart.
• One value per trading day, with two decimal places. On an hourly chart it stays the same all day; on weekends, Friday's value applies.
• A value counts as current for five days. If the latest one is older, the line ends and the pane header shows “DXY · as of {date}”.
• The only settings are in the Style tab: Appearance (default: line).

Related indicators

• US Macro Phase Score
• US unemployment rate
• US unemployment rate year over year
• US government bonds (yield curve)
• US government bonds 10Y
• US consumer price index (CPI)