What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar gains strength compared to the othe

The EUR/USD reversed after approaching 1.1900 and recently reached a two-day low at 1.1854 as the US dollar strengthened across the board. The DXY turned positive as US stocks trimmed gains. The greenback gained momentum and recovered ground while at the same time the euro printed fresh monthly lows

The dollar majors have been trading with little directional impulse. EUR-USD has settled in a narrow range near 1.1900, above yesterday's nine-day low at 1.1878, and USD-JPY has been plying a sideways range near the 110.50 level, above Tuesday's eight-day low at 110.48. Cable has remained heavy, tho

The Dollar rallied broadly in N.Y. on Monday, taking the DXY to two-plus month highs of 92.44, up from overnight lows of 92.00. USD short-covering appeared to be the main driver through the session, which was prompted by the better ADP jobs report, and the advent of month and quarter-end. The higher

Shares show high volatility, which indicates increasing risks. The market could be wrong about the Fed's interest rate. Recent projections show that Fed officials expect the federal funds rate to rise to at least 5.1% from the current range of 4.75% to 5%. That suggests the Fed could make another qu