US Dollar Index Chart DXY

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The US Dollar Index

New delayed trade updates are updated on the page as indicated by a “flash”. The US Mar Philadelphia Fed business outlook survey fell -5.6 to 12.5, stronger than expectations of 9.0. US weekly initial unemployment claims rose +3,000 to 223,000, showing a slightly stronger labor market than expectations of 224,000. Notably, some of the so-called “Magnificent 7” stocks have struggled, with NVIDIA (NVDA) down 16% and Tesla (TSLA) declining 6%. On the upside, immediate resistance is at $1.0954, with a breakout potentially pushing EUR/USD toward $1.1016. When creating the account, it was smooth, efficient from start to finish.

However, under Trump, the dollar has weakened significantly, providing some relief to risk assets and major currencies such as the Euro and the Great British Pound. Beyond economic data, geopolitical risks remain a major driver of USD performance. On Tuesday, Donald Trump and Vladimir Putin agreed to pause strikes on Ukraine’s energy infrastructure for 30 days, but Putin refused a broader ceasefire, keeping tensions elevated. Investors are closely watching the Federal Reserve’s updated economic projections for clues on the future of interest rates.

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The 50-day EMA at $103.55 is acting as a near-term resistance, while the 200-day EMA at $104.67 signals a broader trend ceiling. If DXY breaks above $104.07, the next resistance at $104.87 comes into focus, but failure to hold current levels could invite renewed selling pressure. Meanwhile, Trump confirmed that new tariffs on steel, aluminum, and automobiles will take effect on April 2 with no exemptions. These trade restrictions could fuel market volatility and slow global economic growth, adding another layer of uncertainty to the USD’s trajectory. These figures indicate slowing consumer spending, raising concerns over economic momentum.

Strategy (MSTR), often considered a bitcoin proxy, has gained 34%, recovering well under the Trump administration despite previously dropping around 60% from its November highs. Arslan is a finance MBA and also holds an MPhil degree in behavioral finance. An expert in financial analysis and investor psychology, Arslan uses his academic background to bring valuable insights about market sentiment and whether instruments are likely to be overbought or oversold. The Dollar Index (DXY) is trading around $103.47, holding steady with a slight upward bias.

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date). For the major indices on the site, this widget shows the percentage of stocks contained in the index that are above their 20-Day, 50-Day, 100-Day, 150-Day, and 200-Day Moving Averages. The Quote Overview page gives you a snapshot view for a specific index.

The German DAX index is up 20%, and the UK’s FTSE 100 has gained 6%, alongside weaker performances in the U.S. stock market, where the Nasdaq and S&P 500 are both down approximately 2%. A recent report from Bank of America highlights a record drop in U.S. stock allocations. Gold, benefiting from uncertainty, has continued to set new all-time highs, surpassing $3,030—an 11% increase. The US Dollar Index was introduced by the US Federal Reserve in 1973 after the dismantling of the Bretton Woods Agreement. The constituents of the foreign currency basket were altered only once, when several European currencies were subsumed by the euro in early 1999. In extreme situations, the Federal Reserve can also print forex arbitrage software more Dollars and enact quantitative easing (QE).

• A recent report from Bank of America highlights a record drop in U.S. stock allocations.
• On Tuesday, Donald Trump and Vladimir Putin agreed to pause strikes on Ukraine’s energy infrastructure for 30 days, but Putin refused a broader ceasefire, keeping tensions elevated.
• The Barchart Technical Opinion widget shows you today’s overall Barchart Opinion with general information on how to interpret the short and longer term signals.
• Always stay on top of the latest price developments with our DXY live chart.
• The author makes no representations as to the accuracy, completeness, or suitability of this information.

Key data points

Verification of documents also was done the same day, unlike other platforms where you have to wait a day or two. The stop loss and take profit work very well; however, when the changes are very fast like at the beginning of the session, the stop loss does not work. You can follow the ups and downs of the Dollar Index at Capital.com. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Investors are choosing to focus on the positives of Trump’s pro-business policies instead of potential disruptions from his trade agenda.

US Dollar Forecast: Trade Tariffs and Fed Policy in Focus – GBP/USD and EUR/USD

No matter what your opinion is of the Greenback, it is still, without question, regarded as the world’s primary reserve currency and holds its weight of recognition across the board. This fundamental information helps me understand what reports and indicators the economists of the world believe will shape future events. Tuesday morning found a number of markets moving in opposite direction to how they closed Monday, creating an unmentionable, yet humorous, situation. Meanwhile, the U.S. 10-year Treasury yield has slightly declined to 4.2%, a key metric the administration is closely monitoring. Oil prices have plummeted by around 7% as the U.S. maintains its stance on energy dominance to reduce energy costs. European equities have done well, outshining their U.S. counterparts.

The Barchart Technical Opinion widget shows you today’s overall Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. The dollar index (DXY00) Thursday rose by +0.41% and posted a 1-1/2 week high.

The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. After hitting a record high above $3,050 early Thursday, Gold retraced to the $3,030 region amid the stronger Dollar and diminishing US yields, all amid investors’ repricing of the latest FOMC event. Capital Com Online Investments Ltd is a limited liability company with company number B.

• Read on for the latest analysis of the commodity’s price and potential outlook.
• It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions.
• After reaching the highest level since November 2022 in January 2025, the index has moved…
• They’ve built a vibrant community of traders and investors, and their UAE team really stands out for delivering an exceptional trading experience.
• When creating the account, it was smooth, efficient from start to finish.
• For the major indices on the site, this widget shows the percentage of stocks contained in the index that are above their 20-Day, 50-Day, 100-Day, 150-Day, and 200-Day Moving Averages.

Crude Oil Price Forecast: Breaks Higher, Weekly Chart Signals More Upside

Any hawkish shift from policymakers could provide some support for the dollar, but recent economic data paints a mixed picture. A few macroeconomic factors have a significant impact on the US Dollar Index price. These include, among others, inflation and deflation in the US dollar and foreign currencies included in the comparable basket, as well as economic growth and recessions in the respective standard stp account countries.

Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot. Ethereum’s ether token (ETH) has fallen by as much as 18%, alongside disappointing action in the broader crypto market. The Valkyrie Bitcoin Mining ETF has also struggled, dropping almost 30%. Meanwhile, investors have rotated money into BTC, pushing its dominance rate higher by 2% to over 61.

With inflation still a key factor in the Fed’s decision-making, the weaker retail sales data has intensified speculation over potential rate cuts, which could weigh on the USD by lowering yield expectations. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. At the end of 2019, the DXY traded at 96.5, meaning that the US dollar has slightly depreciated versus the basket of currencies since its establishment in 1973.

Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR). The U.S. Dollar Index (DXY), which measures the dollar’s strength against a basket of major currencies, remains flat.

It was the Fed’s weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. Read on for the latest analysis of the commodity’s price and potential outlook. The constituents of the foreign currency basket were altered only once when several European currencies were subsumed by the euro in early 1999.

The dollar rose Thursday on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. Thursday’s decline in T-note yields best forex trading books for beginners weakened the dollar’s interest rate differentials and limited gains in the dollar. James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment.