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ExecBolt

Updated May 2026 · Federal Reserve

Trade Indicator

U.S. Dollar Index (DXY)

103.0-4.10

U.S. Dollar Index (DXY) is a measure of cross-border goods and services flows sourced from Federal Reserve, updated daily.

107.1
Previous
Daily
Frequency

Historical Trend

2025-102026-04-04
DateValue
2026-04-04103.0
2026-03-28107.1
2026-03-14103.7
2026-03-07103.9
2026-02106.6
2026-01109.4
2025-12108.0
2025-11106.4
2025-10104.0

Reading the Current Print

At 103.0, the current reading sits in the lower portion of the recent historical range for this series. That is depressed relative to recent norms; the question for an operator is whether the soft reading reflects a near-term cyclical low or the start of a more persistent shift.

Dollar Index moved from 107.10 to 103.0 since the prior daily release — a meaningful move lower of -4.10. Downward moves on trade indicators usually carry directional information about the cycle; pair this reading with related series before drawing strong conclusions.

Because this series is published daily, traders and analysts often watch tick-by-tick changes. For operators, the more useful frame is the rolling weekly or monthly average — daily prints carry too much noise to drive operating decisions on their own.

What This Means 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.

For deeper context on how Dollar Index fits into the broader macro picture, see the learn library; for live cross-checks against related series, browse the full indicators dashboard; for tools that translate the reading into business outputs (DCF discount rates, runway projections), see the calculators page. Authoritative external context is available at the Federal Reserve’s FRED database, the U.S. Bureau of Labor Statistics, and the SEC EDGAR system for company-level filings.

About Dollar Index

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.

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.

The series is published by Federal Reserve under series identifier DTWEXBGS. ExecBolt does not estimate, model, or interpolate this value — every reading on this page is pulled directly from the publishing agency’s primary release. For full sourcing and citation guidance, see the methodology page.

Related Indicators

Frequently Asked Questions

What is U.S. Dollar Index (DXY) right now?

U.S. Dollar Index (DXY) is currently 103.0, down -4.10 from the previous daily reading. Source: Federal Reserve, series DTWEXBGS, last updated 2026-04-04.

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.

Where can I verify this number?

U.S. Dollar Index (DXY) is published by Federal Reserve. The primary release is available at https://fred.stlouisfed.org/series/DTWEXBGS; the Federal Reserve's FRED database hosts the historical series and provides API access for programmatic verification.

What causes the dollar to strengthen or weaken?

The dollar strengthens when U.S. interest rates rise relative to other countries (attracting foreign capital), when the U.S. economy outperforms (boosting demand for dollar assets), and during global uncertainty (flight to safety). It weakens when U.S. rates fall, economic growth slows, or trade/fiscal deficits widen. Fed policy is usually the dominant driver.

How does a strong dollar affect corporate earnings?

For companies with significant international revenue, a strong dollar reduces the dollar value of foreign earnings (translation effect) and makes U.S. exports more expensive abroad (competitiveness effect). S&P 500 companies derive roughly 40% of revenue from overseas, so a 10% dollar move can meaningfully impact aggregate earnings. Companies often hedge currency risk, but hedges expire and must be renewed.

Source & citation: Data sourced from Federal Reserve (series DTWEXBGS); archived and accessible via the Federal Reserve’s FRED database. Suggested citation: “ExecBolt, ‘U.S. Dollar Index (DXY),’ execbolt.com, 2026.” Last updated 2026-04-04. ExecBolt provides this data and editorial context for informational purposes only — not financial, investment, or tax advice. Always verify with primary sources before making business or financial decisions.