DOLLAR INDEX DXYU.S. Dollar Currency IndexTVC:DXYShavyfxhubDXY stands for the U.S. Dollar Index (also called the Dollar Index or USDX). It tracks the value of the U.S. Dollar against a basket of six major world currencies: Currency,Weight in DXY Euro (EUR),57.6% Japanese Yen (JPY),13.6% British Pound (GBP),11.9% Canadian Dollar (CAD),9.1% Swedish Krona (SEK),4.2% Swiss Franc (CHF),3.6% It is a trade-weighted index (the Euro has the biggest influence). When DXY rises → the U.S. Dollar is getting stronger against the basket. When DXY falls → the U.S. Dollar is getting weaker. Why it matters for traders: Gold (XAUUSD) and many commodities often move inversely to DXY (stronger dollar usually pressures gold lower). It is a key driver for major forex pairs (especially EURUSD, GBPUSD, USDJPY, etc.). In short: DXY = the main gauge of how strong or weak the U.S. Dollar is against a basket of major currencies.