US Dollar Index (DXY) news & analysis
The US Dollar Index (DXY) measures the value of the US dollar against a basket of major world currencies.
The reading
The news
No clear impulse
Priced in
Partly priced in
What follows
Nothing worth acting on
Reading as of . Research context, not investment advice. It never tells you what to trade.
How a reading is madeWhy is the US Dollar Index up or down today?
The US dollar broke below 101.50 after Democrats swept Congress in the US midterms, with post-election weakness persisting across currency markets. The move coincides with a rebound in EUR/USD, the British pound near a seven-week high and an extended advance in the Indian rupee, as markets reassess the fiscal outlook and attention turns to the Bank of England rate decision.
Updated
Latest news
Thursday, November 5
Wednesday, November 4
- Financial & Forex Market Recap: Nov. 4, 2026babypips.com
- US Dollar breaks below 101.50 as Democrats sweep CongressFXStreet
- British Pound near seven-week high as US elections dent USD, BoE loomsFXStreet
- EUR/USD rebounds as midterm results put the dollar under pressure as markets reassess fiscal outlookInvestingLive
- investingLive European session wrap: Stocks rebound, gold soars as dollar tumbles after blue sweep in US midtermsInvestingLive
Upcoming economic events
| Event | Forecast | Currency |
|---|---|---|
| Friday, November 6 | ||
| FOMC Member Logan Speaks | USD | |
| Leading Indicators | JPY | |
| Lloyds HPI m/m | 0.0% | GBP |
| German Industrial Production m/m | 0.0% | EUR |
| French Trade Balance | -5.8B | EUR |
| Foreign Currency Reserves | CHF | |
| SECO Consumer Climate | -35 | CHF |
| FOMC Member Williams Speaks | USD | |
Day by day
106 days on record since July 22, 2026. Each column is one day: the bar is its headlines, the mark is the reading at its close.
Recent days
- Thu, Nov 5Neutral14 headlines. The US dollar broke below 101.50 after Democrats swept Congress in the US midterms, with Treasury yields also falling as polls closed.
- Wed, Nov 4Neutral20 headlines. The US Dollar Index fell to near 101.25, with headlines linking the move to US midterm election results showing Democrats sweeping Congress.
- Tue, Nov 3Neutral12 headlines. The US Dollar Index has held near 102.00 and traded within range with the US midterm elections in focus.
- Mon, Nov 2Neutral17 headlines. The dollar is edging lower as market mood improves ahead of midterm elections and hopes around Iran diplomacy weigh, with the pound rising and gold rebounding toward $4,000.
- Sun, Nov 1Neutral17 headlines. The Federal Reserve held interest rates steady, while officials indicated more hikes could come soon.
Frequently asked questions
- What is the US Dollar Index (DXY)?
- The DXY measures the value of the US dollar against a basket of six major currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc.
- What moves the Dollar Index?
- The DXY is driven mainly by US interest-rate expectations, US growth and inflation relative to other economies, and safe-haven flows into or out of the dollar.
- What is the DXY made up of?
- The index is weighted heavily toward the euro (around 58%), followed by the yen, pound, Canadian dollar, krona, and Swiss franc — so EUR/USD moves dominate it.
Not investment advice. For informational purposes only.