DXY DOLLAR INDEXU.S. Dollar Currency IndexTVC:DXYShavyfxhubThe DXY, or U.S. Dollar Index, measures the value of the U.S. dollar against a basket of six major foreign currencies. A rising DXY signals dollar strength, while a falling index indicates weakness. DXY Composition The index weights currencies as follows: euro (57.6%), Japanese yen (13.6%), British pound (11.9%), Canadian dollar (9.1%), Swedish krona (4.2%), and Swiss franc (3.6%). Created in 1973 by the Federal Reserve, it uses a geometric average formula to track dollar performance relative to these trade partners. Impact on Gold DXY and gold prices show a strong inverse correlation, often 73-95% negative. When DXY rises, a stronger dollar makes gold pricier for foreign buyers, reducing demand and pushing prices down; a falling DXY has the opposite effect. Impact on Forex DXY directly influences USD pairs like EUR/USD and GBP/USD, where a higher index weakens these pairs as the dollar strengthens. It also affects USD/JPY positively and serves as a gauge for overall market risk sentiment and Fed policy effects. As of January 19, 2026, DXY stood at about 99.109, down slightly that day.