US Dollar Index (DXY)
Measures the value of the US dollar against a basket of major currencies. For growth analysis, lower DXY change indicates better conditions for market growth.
Thresholds (3-month % change): Negative >1% • Warning ≥-1% • Positive <-1%
Today's 3-month change sits at the 28.6th percentile of 666 months since 1971.
Why this can crash the market
A fast-rising dollar tightens conditions everywhere at once. Much of the world borrows in dollars, so a stronger dollar raises the cost of every foreign loan. At home, a large share of S&P 500 revenue is earned abroad and converts back into fewer dollars, so earnings get marked down even when business is fine.
Historical Data
The last three years • Source: Yahoo Finance DX-Y.NYB, daily