Updated May 2026 · Federal Reserve
What Is U.S. Dollar Index (DXY)?
U.S. Dollar Index (DXY) is currently at 119.3, down -0.10 from the previous reading of 119.40. The series is published by Federal Reserve on a daily schedule, last updated 2026-05-22.
Current Reading
How to Read This Reading
119.3 sits in the middle of the recent historical range for Dollar Index, consistent with ongoing trend conditions rather than a clear inflection point.
Dollar Index has moved lower from 119.40 to 119.3 since the prior daily release — a modest move of -0.10. Pair this with the related indicators below before drawing strong conclusions; isolated moves on a single release often look larger than they really are.
Trade indicators describe cross-border flows of goods and services. They matter for industries with international exposure and for the value of the U.S. dollar.
What Dollar Index Measures
The U.S. Dollar Index measures the value of the U.S. dollar against a basket of major currencies (euro, yen, pound, Canadian dollar, Swedish krona, Swiss franc). It reflects the dollar's purchasing power in international markets.
The dollar has weakened to 103.0, down from a January peak of 109.4. A weaker dollar is mixed for U.S. businesses: it makes American exports more competitive abroad and boosts the dollar value of foreign earnings (positive for multinationals), but it increases the cost of imported goods and raw materials. For executives at companies with significant international revenue, dollar weakness is generally a tailwind for reported earnings.
Methodology
The DXY is a weighted geometric mean of the dollar's value against six currencies: Euro (57.6%), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%), and Swiss Franc (3.6%). It was established in 1973 with a base of 100. The Federal Reserve also publishes broader trade-weighted dollar indices.
ExecBolt does not estimate, model, or interpolate this value — every reading on this page is pulled directly from Federal Reserve (series DTWEXBGS). For full sourcing standards and citation guidance, see the methodology page; for plain-language background on the underlying concept, see the learn library; for live cross-checks against related series, see the indicators dashboard.
| Detail | Value |
|---|---|
| Full name | U.S. Dollar Index (DXY) |
| Source | Federal Reserve |
| Series ID | DTWEXBGS |
| Frequency | Daily |
| Category | trade |
| Last updated | 2026-05-22 |
Related Indicators
Frequently Asked Questions
What is U.S. Dollar Index (DXY) right now?
U.S. Dollar Index (DXY) is currently at 119.3, down -0.10 from the previous reading of 119.40. The series is published by Federal Reserve on a daily schedule, last updated 2026-05-22.
How is Dollar Index calculated?
The DXY is a weighted geometric mean of the dollar's value against six currencies: Euro (57.6%), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%), and Swiss Franc (3.6%). It was established in 1973 with a base of 100. The Federal Reserve also publishes broader trade-weighted dollar indices.
What does Dollar Index mean for business?
The dollar has weakened to 103.0, down from a January peak of 109.4. A weaker dollar is mixed for U.S. businesses: it makes American exports more competitive abroad and boosts the dollar value of foreign earnings (positive for multinationals), but it increases the cost of imported goods and raw materials. For executives at companies with significant international revenue, dollar weakness is generally a tailwind for reported earnings.
How often is Dollar Index updated?
Dollar Index is published on a daily schedule by Federal Reserve. The most recent reading is dated 2026-05-22.
Where can I verify this number?
The primary source for U.S. Dollar Index (DXY) is Federal Reserve at https://fred.stlouisfed.org/series/DTWEXBGS (series DTWEXBGS). The historical series is also archived at FRED at the St. Louis Fed and available via API for programmatic verification.