US Dollar Index (DXY) price (USDX) — live chart
Follow the live US Dollar Index price and chart, check the contract specifications and see what moves USDX.
Chart and quote are a third-party TradingView feed for information only and can differ slightly from Xellion's MT5 prices.
About US Dollar Index
The US Dollar Index, commonly known as DXY and labelled USDX here, measures the US dollar against a weighted basket of other major currencies. It is quoted in index points rather than as an individual currency pair. A rising index indicates dollar strength against that basket, while a falling index indicates weakness.
Unlike a currency pair, which compares the dollar with a single counterpart, USDX combines several currency relationships into one benchmark. Its weighting gives the euro a particularly strong influence, so it is not an equally balanced measure of global dollar performance. This makes the basket’s composition important when interpreting index movements.
On Xellion’s MT5 platform, USDX is traded as a CFD, allowing a position to be long or short without owning the underlying asset. The contract size is 1 × index, expressed in USD per point. Trading is available nearly 24 hours, Monday to Friday, with a daily break; leveraged trading magnifies both gains and losses.
What moves the price
- Federal Reserve policy and interest-rate expectations
- US inflation, employment and growth data
- Policy differences between the US and basket economies
- Euro movements and euro-area economic developments
- Global risk sentiment and demand for dollar liquidity
- Relative government bond yields and cross-border capital flows
| Symbol | USDX |
|---|---|
| Contract size | 1 × index (USD per point) |
| Leverage | Up to 1:2000 |
| Trading hours | Nearly 24 hours, Monday to Friday, with a daily break; most active during US and European market hours |
Live spreads and swaps are shown in MT5. Exact session times are in the MT5 contract specification; leverage depends on your account and country.
USDX questions
Are DXY and USDX different indices?
DXY and USDX are commonly used names for the US Dollar Index. Here, USDX identifies the instrument offered as a CFD. The index tracks the dollar against a weighted currency basket rather than measuring it against every currency.
Why do euro movements matter for the US Dollar Index?
The euro has a substantial weighting in the index basket. Euro strength against the dollar therefore tends to weigh on USDX, while euro weakness tends to support it. Movements in the other basket currencies also contribute to the overall result.
When can USDX be traded on Xellion?
USDX trading is available nearly 24 hours, Monday to Friday, with a daily break. Activity is generally greatest during US and European market hours. Trading availability does not imply uniform liquidity, and market conditions can differ across sessions.
What does the USDX contract size mean?
The stated contract size is 1 × index, expressed in USD per point. This links changes in the index level to the CFD’s monetary value. A position’s profit or loss depends on its size, direction, price movement and applicable trading costs.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Charts and prices on this page come from TradingView for information only and are not investment advice. Risk disclosure