28 major, cross, and EM currency pairs. RS measures strength vs the USD Index (DXY).
RS>0 for EURUSD means the EUR is gaining vs the USD basket.
Currency Pairs — RS Rankings
| Rank | Ticker | Name | Base | Quote | Type | Signal | RS(22) | RS(55) | 1M | 3M | 6M | 12M | RSI | >SMA20 | >SMA50 | >SMA200 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NZDUSD=X | New Zealand Dollar / US Dollar | NZD | USD | Major | Neutral | +5.44 | -2.97 | +3.56 | +0.63 | -2.50 | -1.21 | 67.00 | Y | Y | Y |
| 2 | AUDUSD=X | Australian Dollar / US Dollar | AUD | USD | Major | Neutral | +3.50 | -4.52 | +1.63 | -1.48 | +0.42 | +7.79 | 62.70 | Y | Y | Y |
| 3 | GBPUSD=X | British Pound / US Dollar | GBP | USD | Major | Neutral | +3.17 | -2.37 | +1.78 | -0.01 | -2.44 | +0.31 | 56.50 | Y | Y | Y |
| 4 | GBPCHF=X | British Pound / Swiss Franc | GBP | CHF | Cross | Buy | +3.11 | +1.26 | +1.58 | +2.08 | +3.17 | +0.26 | 59.20 | Y | Y | Y |
| 5 | NZDJPY=X | New Zealand Dollar / Japanese Yen | NZD | JPY | Cross | Neutral | +2.51 | -2.86 | +0.26 | -1.11 | +0.67 | +5.32 | 43.60 | N | N | Y |
| 6 | EURUSD=X | Euro / US Dollar | EUR | USD | Major | Neutral | +2.32 | -3.63 | +1.00 | -1.35 | -4.08 | -1.04 | 64.70 | Y | Y | N |
| 7 | EURCHF=X | Euro / Swiss Franc | EUR | CHF | Cross | Neutral | +2.29 | -0.01 | +0.83 | +0.74 | +1.47 | -1.05 | 65.90 | Y | Y | Y |
| 8 | USDINR=X | US Dollar / Indian Rupee | USD | INR | EM | Neutral | +2.02 | -1.53 | +0.49 | +0.49 | +4.20 | +9.02 | 50.60 | N | N | Y |
| 9 | GBPCAD=X | British Pound / Canadian Dollar | GBP | CAD | Cross | Buy | +1.74 | +0.03 | +0.40 | +2.51 | +0.59 | +2.21 | 46.90 | Y | Y | Y |
| 10 | USDHKD=X | US Dollar / Hong Kong Dollar | USD | HKD | EM | Neutral | +1.42 | -1.33 | -0.02 | +0.12 | +0.52 | -0.10 | 67.70 | Y | Y | Y |
| 11 | USDCHF=X | US Dollar / Swiss Franc | USD | CHF | Major | Buy | +1.36 | +2.18 | -0.16 | +2.13 | +5.79 | -0.01 | 47.70 | N | Y | Y |
| 12 | GBPAUD=X | British Pound / Australian Dollar | GBP | AUD | Cross | Buy | +1.07 | +0.70 | +0.14 | +1.45 | -2.85 | -6.93 | 44.60 | N | Y | N |
| 13 | EURCAD=X | Euro / Canadian Dollar | EUR | CAD | Cross | Neutral | +0.95 | -1.23 | -0.34 | +1.16 | -1.07 | +0.86 | 50.60 | Y | Y | Y |
| 14 | USDCNY=X | US Dollar / Chinese Yuan | USD | CNY | EM | Neutral | +0.66 | -2.24 | -0.72 | -1.36 | -3.02 | -6.07 | 27.50 | N | N | N |
| 15 | EURGBP=X | Euro / British Pound | EUR | GBP | Cross | Neutral | +0.65 | -2.73 | -0.73 | -1.29 | -1.63 | -1.30 | 57.00 | Y | N | N |
| 16 | USDMXN=X | US Dollar / Mexican Peso | USD | MXN | EM | Neutral | +0.65 | -0.64 | -1.29 | -0.76 | +1.04 | -7.12 | 37.70 | N | N | N |
| 17 | AUDJPY=X | Australian Dollar / Japanese Yen | AUD | JPY | Cross | Neutral | +0.60 | -4.43 | -1.61 | -3.15 | +3.67 | +14.89 | 36.80 | N | N | Y |
| 18 | USDSGD=X | US Dollar / Singapore Dollar | USD | SGD | EM | Neutral | +0.60 | -0.50 | -1.06 | +0.71 | +1.62 | -0.37 | 30.60 | N | N | N |
| 19 | USDJPY=X | US Dollar / Japanese Yen | USD | JPY | Major | Buy | +0.30 | +0.33 | -3.16 | +0.27 | +2.81 | +6.26 | 23.00 | N | N | N |
| 20 | EURAUD=X | Euro / Australian Dollar | EUR | AUD | Cross | Neutral | +0.28 | -0.58 | -0.61 | +0.13 | -4.47 | -8.17 | 48.60 | Y | Y | N |
| 21 | GBPJPY=X | British Pound / Japanese Yen | GBP | JPY | Cross | Neutral | +0.28 | -2.28 | -1.50 | -1.76 | +0.71 | +6.93 | 31.30 | N | N | Y |
| 22 | USDCAD=X | US Dollar / Canadian Dollar | USD | CAD | Major | Neutral | -0.02 | +0.88 | -1.41 | +3.22 | +3.54 | +1.77 | 33.20 | N | N | Y |
| 23 | CADJPY=X | Canadian Dollar / Japanese Yen | CAD | JPY | Cross | Sell | -0.09 | -3.80 | -1.91 | -4.19 | +0.11 | +4.57 | 37.10 | N | N | N |
| 24 | EURJPY=X | Euro / Japanese Yen | EUR | JPY | Cross | Sell | -0.48 | -3.49 | -2.22 | -3.04 | -0.94 | +5.52 | 33.90 | N | N | N |
| 25 | USDBRL=X | US Dollar / Brazilian Real | USD | BRL | EM | Neutral | -0.71 | +1.86 | -1.93 | +1.14 | -2.10 | -6.58 | 45.50 | N | N | N |
| 26 | CHFJPY=X | Swiss Franc / Japanese Yen | CHF | JPY | Cross | Sell | -1.40 | -4.99 | -3.05 | -3.78 | -2.40 | +6.61 | 29.60 | N | N | N |
| 27 | EURNZD=X | Euro / New Zealand Dollar | EUR | NZD | Cross | Sell | -1.54 | -2.16 | -2.46 | -1.95 | -1.60 | +0.19 | 38.50 | N | N | N |
| 28 | USDKRW=X | US Dollar / South Korean Won | USD | KRW | EM | Sell | -5.16 | -3.68 | -6.88 | -3.05 | +0.67 | +3.91 | 20.50 | N | N | N |
Major Pairs
| Rank | Ticker | Name | Type | Signal | RS(22) | RS(55) | 1M | 3M | RSI |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NZDUSD=X | New Zealand Dollar / US Dollar | Major | Neutral | +5.44 | -2.97 | +3.56 | +0.63 | 67.00 |
| 2 | AUDUSD=X | Australian Dollar / US Dollar | Major | Neutral | +3.50 | -4.52 | +1.63 | -1.48 | 62.70 |
| 3 | GBPUSD=X | British Pound / US Dollar | Major | Neutral | +3.17 | -2.37 | +1.78 | -0.01 | 56.50 |
| 4 | EURUSD=X | Euro / US Dollar | Major | Neutral | +2.32 | -3.63 | +1.00 | -1.35 | 64.70 |
| 5 | USDCHF=X | US Dollar / Swiss Franc | Major | Buy | +1.36 | +2.18 | -0.16 | +2.13 | 47.70 |
| 6 | USDJPY=X | US Dollar / Japanese Yen | Major | Buy | +0.30 | +0.33 | -3.16 | +0.27 | 23.00 |
| 7 | USDCAD=X | US Dollar / Canadian Dollar | Major | Neutral | -0.02 | +0.88 | -1.41 | +3.22 | 33.20 |
Cross Pairs
| Rank | Ticker | Name | Type | Signal | RS(22) | RS(55) | 1M | 3M | RSI |
|---|---|---|---|---|---|---|---|---|---|
| 1 | GBPCHF=X | British Pound / Swiss Franc | Cross | Buy | +3.11 | +1.26 | +1.58 | +2.08 | 59.20 |
| 2 | NZDJPY=X | New Zealand Dollar / Japanese Yen | Cross | Neutral | +2.51 | -2.86 | +0.26 | -1.11 | 43.60 |
| 3 | EURCHF=X | Euro / Swiss Franc | Cross | Neutral | +2.29 | -0.01 | +0.83 | +0.74 | 65.90 |
| 4 | GBPCAD=X | British Pound / Canadian Dollar | Cross | Buy | +1.74 | +0.03 | +0.40 | +2.51 | 46.90 |
| 5 | GBPAUD=X | British Pound / Australian Dollar | Cross | Buy | +1.07 | +0.70 | +0.14 | +1.45 | 44.60 |
| 6 | EURCAD=X | Euro / Canadian Dollar | Cross | Neutral | +0.95 | -1.23 | -0.34 | +1.16 | 50.60 |
| 7 | EURGBP=X | Euro / British Pound | Cross | Neutral | +0.65 | -2.73 | -0.73 | -1.29 | 57.00 |
| 8 | AUDJPY=X | Australian Dollar / Japanese Yen | Cross | Neutral | +0.60 | -4.43 | -1.61 | -3.15 | 36.80 |
| 9 | EURAUD=X | Euro / Australian Dollar | Cross | Neutral | +0.28 | -0.58 | -0.61 | +0.13 | 48.60 |
| 10 | GBPJPY=X | British Pound / Japanese Yen | Cross | Neutral | +0.28 | -2.28 | -1.50 | -1.76 | 31.30 |
| 11 | CADJPY=X | Canadian Dollar / Japanese Yen | Cross | Sell | -0.09 | -3.80 | -1.91 | -4.19 | 37.10 |
| 12 | EURJPY=X | Euro / Japanese Yen | Cross | Sell | -0.48 | -3.49 | -2.22 | -3.04 | 33.90 |
| 13 | CHFJPY=X | Swiss Franc / Japanese Yen | Cross | Sell | -1.40 | -4.99 | -3.05 | -3.78 | 29.60 |
| 14 | EURNZD=X | Euro / New Zealand Dollar | Cross | Sell | -1.54 | -2.16 | -2.46 | -1.95 | 38.50 |
EM Pairs
| Rank | Ticker | Name | Type | Signal | RS(22) | RS(55) | 1M | 3M | RSI |
|---|---|---|---|---|---|---|---|---|---|
| 1 | USDINR=X | US Dollar / Indian Rupee | EM | Neutral | +2.02 | -1.53 | +0.49 | +0.49 | 50.60 |
| 2 | USDHKD=X | US Dollar / Hong Kong Dollar | EM | Neutral | +1.42 | -1.33 | -0.02 | +0.12 | 67.70 |
| 3 | USDCNY=X | US Dollar / Chinese Yuan | EM | Neutral | +0.66 | -2.24 | -0.72 | -1.36 | 27.50 |
| 4 | USDMXN=X | US Dollar / Mexican Peso | EM | Neutral | +0.65 | -0.64 | -1.29 | -0.76 | 37.70 |
| 5 | USDSGD=X | US Dollar / Singapore Dollar | EM | Neutral | +0.60 | -0.50 | -1.06 | +0.71 | 30.60 |
| 6 | USDBRL=X | US Dollar / Brazilian Real | EM | Neutral | -0.71 | +1.86 | -1.93 | +1.14 | 45.50 |
| 7 | USDKRW=X | US Dollar / South Korean Won | EM | Sell | -5.16 | -3.68 | -6.88 | -3.05 | 20.50 |
Government 10-Year benchmark bond yields (and US 3M/5Y/30Y).
Yield% is shown directly. Changes are in basis points (bps = 0.01%).
Positive bps = yields rising (bonds selling off).
Government Bond Yields
| Rank | Ticker | Name | Country | Tenor | Yield% | 1D(bps) | 1M(bps) | 6M(bps) | 1Y(bps) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ^IRX | US 13-Week T-Bill Yield | United States | 3M | 3.68 | 0.70 | -1.80 | 9.40 | -55.30 |
| 2 | ^FVX | US 5-Year Treasury Yield | United States | 5Y | 4.46 | 8.50 | 22.80 | 61.30 | 50.00 |
| 3 | ^TNX | US 10-Year Treasury Yield | United States | 10Y | 4.75 | 8.20 | 27.00 | 49.60 | 38.50 |
| 4 | ^TYX | US 30-Year Treasury Yield | United States | 30Y | 5.28 | 6.70 | 30.90 | 42.80 | 38.90 |
Strongest vs USD (RS22 Leaders)
| Rank | Ticker | Name | Type | RS(22) | 1M | Signal |
|---|---|---|---|---|---|---|
| 1 | NZDUSD=X | New Zealand Dollar / US Dollar | Major | +5.44 | +3.56 | Neutral |
| 2 | AUDUSD=X | Australian Dollar / US Dollar | Major | +3.50 | +1.63 | Neutral |
| 3 | GBPUSD=X | British Pound / US Dollar | Major | +3.17 | +1.78 | Neutral |
| 4 | GBPCHF=X | British Pound / Swiss Franc | Cross | +3.11 | +1.58 | Buy |
| 5 | NZDJPY=X | New Zealand Dollar / Japanese Yen | Cross | +2.51 | +0.26 | Neutral |
| 6 | EURUSD=X | Euro / US Dollar | Major | +2.32 | +1.00 | Neutral |
| 7 | EURCHF=X | Euro / Swiss Franc | Cross | +2.29 | +0.83 | Neutral |
| 8 | USDINR=X | US Dollar / Indian Rupee | EM | +2.02 | +0.49 | Neutral |
| 9 | GBPCAD=X | British Pound / Canadian Dollar | Cross | +1.74 | +0.40 | Buy |
| 10 | USDHKD=X | US Dollar / Hong Kong Dollar | EM | +1.42 | -0.02 | Neutral |
Weakest vs USD (RS22 Laggards)
| Rank | Ticker | Name | Type | RS(22) | 1M | Signal |
|---|---|---|---|---|---|---|
| 28 | USDKRW=X | US Dollar / South Korean Won | EM | -5.16 | -6.88 | Sell |
| 27 | EURNZD=X | Euro / New Zealand Dollar | Cross | -1.54 | -2.46 | Sell |
| 26 | CHFJPY=X | Swiss Franc / Japanese Yen | Cross | -1.40 | -3.05 | Sell |
| 25 | USDBRL=X | US Dollar / Brazilian Real | EM | -0.71 | -1.93 | Neutral |
| 24 | EURJPY=X | Euro / Japanese Yen | Cross | -0.48 | -2.22 | Sell |
| 23 | CADJPY=X | Canadian Dollar / Japanese Yen | Cross | -0.09 | -1.91 | Sell |
| 22 | USDCAD=X | US Dollar / Canadian Dollar | Major | -0.02 | -1.41 | Neutral |
| 20 | EURAUD=X | Euro / Australian Dollar | Cross | +0.28 | -0.61 | Neutral |
| 21 | GBPJPY=X | British Pound / Japanese Yen | Cross | +0.28 | -1.50 | Neutral |
| 19 | USDJPY=X | US Dollar / Japanese Yen | Major | +0.30 | -3.16 | Buy |
Performance Bar Chart
Period
Pairs
NZDUSD=X ✓
AUDUSD=X ✓
GBPUSD=X ✓
GBPCHF=X ✓
NZDJPY=X ✓
EURUSD=X ✓
EURCHF=X ✓
USDINR=X ✓
GBPCAD=X ✓
USDHKD=X ✓
USDCHF=X ✓
GBPAUD=X ✓
EURCAD=X ✓
USDCNY=X ✓
EURGBP=X ✓
USDMXN=X ✓
AUDJPY=X ✓
USDSGD=X ✓
USDJPY=X ✓
EURAUD=X ✓
GBPJPY=X ✓
USDCAD=X ✓
CADJPY=X ✓
EURJPY=X ✓
USDBRL=X ✓
CHFJPY=X ✓
EURNZD=X ✓
USDKRW=X ✓
Major FX Pairs — Cumulative Return vs Start (weekly, 1Y)
Relative Rotation Graph — FX Pairs vs USD Index
RS-Ratio (x) vs RS-Momentum (y), cross-sectional z-score normalised to 100.
Quadrants: Leading ·
Weakening ·
Lagging ·
Improving
The US Dollar Index (DXY) measures the USD against a basket of 6 major currencies.
It is the single most important macro signal for commodities, EM assets, bonds, and global capital flows.
DXY direction drives correlation across ALL asset classes.
💵 DXY Live Reading
DXY Now
99.80
-0.21% today
1-Month Change
-1.37%
~22 trading days
3-Month Trend
+1.34%
~66 trading days
Current Regime
Weak USD — Commodity & EM tailwind ↑
📊 DXY Weekly Chart (TradingView)
🎯 DXY Key Levels & Market Impact
| DXY Zone | Label | Gold / Commodities | EM Currencies | US Bonds | US Equities |
|---|---|---|---|---|---|
| > 108 | Strong USD | Strong headwind ↓↓ | Capital outflow ↓↓ | Demand (safe haven) | Multinationals hit ↓ |
| 104 – 108 | Elevated | Headwind ↓ | Pressure ↓ | Neutral / mild + | Mixed |
| 100 – 104 | Neutral | Neutral — watch direction | Neutral | Neutral | Neutral |
| 95 – 100 | Weak USD | Tailwind ↑ | Inflows ↑ | Yields rise (sell) | Multinationals benefit ↑ |
| < 95 | Very Weak | Strong tailwind ↑↑ | Strong inflows ↑↑ | Inflation risk — sell ↓ | Risk-on rally ↑↑ |
🔗 DXY Intermarket Relationships
| Relationship | Direction | Why it Works | Key Exception |
|---|---|---|---|
| DXY vs Gold | Inverse ↔ | Gold is priced in USD — a stronger dollar makes gold more expensive for foreign buyers, reducing demand | Safe-haven crises: both can rally together (2008, 2020 initial shock) |
| DXY vs Oil (WTI/Brent) | Inverse ↔ | Oil is priced in USD globally — stronger dollar raises the real cost of oil for non-USD buyers, suppressing demand | OPEC supply shocks override the FX relationship |
| DXY vs EM Currencies | Inverse ↔ | EM countries borrow in USD — a rising DXY increases their debt burden and triggers capital outflows to the US | Commodity-exporting EMs (BRL, ZAR) partially hedged by commodity rally |
| DXY vs US Bonds (TLT) | Positive ↔ | Strong USD attracts foreign capital to US Treasuries, driving bond prices up (yields down) | Stagflation: USD may rise WITH yields rising (demand destruction) |
| DXY vs SPX | Mild Inverse | S&P 500 earns ~40% revenues internationally — a strong dollar erodes earnings when repatriated | Risk-off rallies: USD rises as investors flee equities INTO cash/bonds |
| DXY vs Silver | Inverse (stronger) | Silver has dual nature (monetary + industrial) — amplifies the gold/USD inverse relationship | Industrial demand surge can override if PMI data is strong |
| DXY vs Copper | Mild Inverse | Copper priced in USD — rising DXY raises costs for major importers like China | China PMI and demand signals often overpower the FX effect |
⚖️ DXY Basket Composition
The DXY is weighted toward Europe — EUR movements alone drive ~58% of DXY moves. Always check EUR/USD when DXY is moving.
| Currency | Pair | Weight | Country/Region | Key Driver |
|---|---|---|---|---|
| 🇪🇺 Euro | EUR/USD | 57.6% | Eurozone | ECB policy, Eurozone inflation, German PMI |
| 🇯🇵 Yen | USD/JPY | 13.6% | Japan | BoJ yield curve control, US-Japan rate differential |
| 🇬🇧 Pound | GBP/USD | 11.9% | UK | BoE policy, UK growth, Brexit residual risk |
| 🇨🇦 CAD | USD/CAD | 9.1% | Canada | BoC policy, Oil prices (petro-currency) |
| 🇸🇪 SEK | USD/SEK | 4.2% | Sweden | Riksbank policy, risk sentiment |
| 🇨🇭 CHF | USD/CHF | 3.6% | Switzerland | SNB policy, safe-haven demand |
📐 DXY Trading Framework
| Signal | Setup | Implication | Trade Idea |
|---|---|---|---|
| DXY Weekly Breakdown | Close below 20-week MA + declining | Broad USD weakness starting | Long GLD, EEM, Oil. Short DXY-proxies |
| DXY Weekly Breakout | Close above 20-week MA + rising | USD strength building | Long UUP (DXY ETF). Reduce commodity exposure |
| DXY Range-Bound | Oscillating ±2 points, no trend | FX not a dominant driver currently | Focus on asset-specific drivers (rates, earnings) |
| DXY Divergence | DXY falling but Gold also falling | Risk-off (gold sold for cash) | Watch VIX — likely fear/liquidity event |
| DXY + Yields Rising Together | Both trending up | Stagflationary regime signal | Overweight energy commodities, underweight bonds |
World FX and bonds
Forex relative strength, DXY context and bond yields
Track major currency pairs, emerging-market FX and global bond yields in one page. This layout is built for users searching DXY, EURUSD, USDJPY, carry trades and the bond-yield moves that often drive FX leadership.
dxy indexeur usdusd jpyforex strengthbond yieldscarry trade
Pairs tracked
28
Major, cross and EM FX pairs
RS22 above DXY
21
Pairs currently stronger than the USD basket
Strongest pair
NZDUSD=X
Best RS22: +5.44%
Buy signals
5
Pairs passing the current signal filter
Highest yield
United States 5.28%
Quick read on global rate leadership
Dollar first
Most users want the broad dollar read first, so DXY stays central to the page structure.
Major pairs
EURUSD, USDJPY, GBPUSD and AUDUSD drive most search and trading interest in world FX.
Bond yield context
Global government yields help explain why some currencies stay stronger even when price looks stretched.
Cleaner pair grouping
The page separates major, cross and EM pairs so users can move from macro view to tradeable list faster.
What is the DXY and why do FX traders watch it?
DXY is the US Dollar Index. It measures the dollar against a basket of major currencies and gives a quick read on broad USD strength or weakness.
Why do bond yields matter for forex?
Yield gaps between countries often influence currency flows. Rising local yields can support a currency if growth and risk conditions stay stable.
What is the difference between major, cross and EM FX pairs?
Major pairs include the US dollar. Crosses exclude the dollar. EM pairs involve emerging-market currencies and usually carry higher volatility.
How do traders use relative strength in forex?
They compare which currencies and pairs are outperforming the dollar index or their peers, then combine that with RSI, moving averages and rate expectations.