USDX vs. DX vs. DXY.

If you’ve Googled “U.S. Dollar Index”, you might’ve seen three acronyms associated with the phrase: USDX, DX, and DXY and wondered, “What the heck is the difference between them?!”

What is USDX?

USDX is the umbrella term for the U.S. Dollar Index. You can’t go wrong using this term if you’re talking about the original dollar index.

What is DX?

The ICE Exchange symbol for the futures contract is DX, followed by the month and year code.

The ICE Exchange symbol for the value of the underlying Dollar Index (sometimes called the cash or spot index) is also DX (without a month or year code), although different data providers may use different symbols.

What is DXY?

DXY is a popular ticker or symbol used by Bloomberg Terminal users so that index is sometimes referred to as the “Dixie.”

DXY is more commonly used when referring to the dollar cash or spot rate, while DX is geared more for futures traders. Although as mentioned, DX can also refer to the spot rate as well. Confusing right? 🤯

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