US Dollar Index Explained (USDX / DXY) what is DXY ? | Forex Mindsets

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U.S. Dollar Index

The U.S. Dollar Index is an index of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" when compared to other currencies.

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Disclaimer:

The information contained in this presentation is solely for educational purposes, and does not constitute investment advice. The risks of trading in securities, Forex, and the futures market can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. The instructor in this video is not responsible for any liabilities arising as a result of your Market involvement or individual trade activities.