Macro glossary

DXY (US Dollar Index)

A trade-weighted index measuring the dollar against a basket of major currencies.

Definition

DXY rallies typically coincide with tighter global liquidity and stress in EM economies dollar-funded. Sharp DXY rallies in 2022 and during the 1997-98 Asian crisis foreshadowed meaningful growth scares.

Related indicators

DXY Dollar Index

Monitor the U.S. Dollar Index (DXY). Dollar strength can signal global stress and tightening financi

Related terms

Inflation

A sustained increase in the general price level of goods and services.

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