DXY watch: how do you read the dollar this week?

A standing thread for the dollar index. The DXY condenses the dollar's story against its basket, and the basket's euro-heavy weighting is part of the read.

DXY watch: how do you read the dollar this week? — trend versus range diagram
A trending market compared with a ranging one

Post:

  • how you're reading the dollar's trend
  • the US data or Fed signals that matter this week
  • where the DXY misleads you and how you correct for it
DXY watch: how do you read the dollar this week? — central bank rate path diagram
A central bank's policy rate path across recent meetings

Background: the dollar index explained.

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