Dollar index (DXY)

An index of the US dollar against six major currencies, with the euro by far the biggest weight.

What it means

A rising DXY means a stronger dollar, which has often come with weaker crypto prices, and the other way round.

What to watch

The trend of the DXY over weeks and months; the link with crypto is loose and changes over time.

How Compass-Alpha uses it

Background only; not used in any figure on Compass-Alpha.