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What does dxy stand for?

U.S. Dollar Index (DXY) advanced index charts by MarketWatch. View real-time DXY index data and compare to other exchanges and stocks.

What is the DXY index?

The DXY is an index measuring the dollar's strength relative to other currencies. 2. Strong dollar is bad for earnings revisions, and earnings revisions are bad for the market.

What is the dxy Dollar Index?

The DXY Dollar Index was created by the US Federal Reserve in 1973, after the Bretton Woods system of payments based on the dollar came to an end. Countries decided to let their currencies float freely rather than being pegged at fixed rates to the US dollar, after the US government suspended the gold standard.

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