How Do You Analyze the Stock Performance of the U.S. Dollar Index?


Quick Answer

To analyze the U.S. Dollar Index, utilize interactive charts and benchmarks against other currencies, notes MarketWatch. The U.S. Dollar index is a measure of the value of the United States Dollar relative to a group of foreign currencies, states Forbes.

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Full Answer

Visit MarketWatch, and view the interactive chart for the U.S. Dollar Index for a particular period. The index trades under the ticker symbol DXY, according to MarketWatch. The chart plots the price of the index over time and has data for up to the previous five years. Track this data over time to spot trends over periods, and research the economic circumstances at the time to determine factors influencing the price. Add an additional stock symbol to compare the U.S. Dollar Index to another security. Additional information is available, such as previous close, day low, 52-week low and change volume. Navigate to the other sections of the website, such as the news, charts, historical quotes and options section, to find further information about the U.S. Dollar Index and better understand the associated price changes displayed on the charts.

The U.S. Dollar Index breakdown changes periodically but compares against other currencies such as the Euro, Japanese Yen, Canadian Dollar, Swdish Krona and Swiss Franc, notes Forbes. New data is available each day, which plots the dollar against these currencies. Utilize the chart on the MarketWatch website to assess the performance of the U.S. Dollar Index over time, or enter a specific date to find metrics for that particular instance.

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