World FX & Bond Yields

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	USDBRL=X	US Dollar / Brazilian Real	USD	BRL	EM	Buy	+1.89	+1.69	+1.78	+0.22	-5.63	-7.50	63.30	Y	Y	N
2	USDCHF=X	US Dollar / Swiss Franc	USD	CHF	Major	Buy	+1.79	+0.51	+1.83	+1.10	+1.77	+0.74	62.80	N	Y	Y
3	USDCAD=X	US Dollar / Canadian Dollar	USD	CAD	Major	Buy	+1.36	+0.33	+2.19	+2.02	+3.68	+3.60	76.50	Y	Y	Y
4	EURNZD=X	Euro / New Zealand Dollar	EUR	NZD	Cross	Neutral	+1.29	-2.67	+2.04	-0.67	-1.22	+2.96	67.30	Y	Y	Y
5	USDKRW=X	US Dollar / South Korean Won	USD	KRW	EM	Buy	+1.29	+2.22	-0.06	+1.32	+6.35	+10.65	57.30	N	Y	Y
6	GBPAUD=X	British Pound / Australian Dollar	GBP	AUD	Cross	Neutral	+1.18	-1.53	+2.22	+0.52	-4.33	-6.23	65.00	Y	Y	N
7	GBPCHF=X	British Pound / Swiss Franc	GBP	CHF	Cross	Neutral	+0.50	-1.24	+1.10	+1.52	+0.61	-0.28	58.20	Y	Y	Y
8	USDJPY=X	US Dollar / Japanese Yen	USD	JPY	Major	Neutral	+0.32	-0.68	+0.86	+1.67	+3.41	+9.53	67.30	Y	Y	Y
9	EURAUD=X	Euro / Australian Dollar	EUR	AUD	Cross	Neutral	+0.11	-3.06	+1.69	-1.60	-6.31	-7.26	56.30	Y	Y	N
10	GBPCAD=X	British Pound / Canadian Dollar	GBP	CAD	Cross	Neutral	+0.03	-1.43	+1.64	+2.98	+2.80	+3.01	68.70	Y	Y	Y
11	USDSGD=X	US Dollar / Singapore Dollar	USD	SGD	EM	Sell	-0.21	-0.88	+0.65	+0.50	+0.58	+0.70	66.00	Y	Y	Y
12	USDMXN=X	US Dollar / Mexican Peso	USD	MXN	EM	Sell	-0.44	-1.16	+0.73	-2.21	-2.92	-6.91	65.60	Y	Y	N
13	EURCHF=X	Euro / Swiss Franc	EUR	CHF	Cross	Sell	-0.58	-2.81	+0.24	-0.21	-1.13	-1.34	43.40	N	Y	N
14	GBPJPY=X	British Pound / Japanese Yen	GBP	JPY	Cross	Sell	-0.96	-2.43	+0.12	+2.09	+2.23	+8.40	51.90	Y	Y	Y
15	EURCAD=X	Euro / Canadian Dollar	EUR	CAD	Cross	Sell	-1.01	-2.99	+0.90	+0.95	+0.77	+1.54	53.70	Y	Y	Y
16	USDINR=X	US Dollar / Indian Rupee	USD	INR	EM	Sell	-1.22	-2.23	-1.00	+2.39	+6.05	+10.74	55.90	Y	N	Y
17	USDCNY=X	US Dollar / Chinese Yuan	USD	CNY	EM	Sell	-1.24	-3.23	+0.15	-1.54	-3.10	-5.41	68.20	Y	N	N
18	USDHKD=X	US Dollar / Hong Kong Dollar	USD	HKD	EM	Sell	-1.55	-2.54	+0.09	+0.08	+0.80	-0.09	70.20	Y	Y	Y
19	EURJPY=X	Euro / Japanese Yen	EUR	JPY	Cross	Sell	-2.02	-3.98	-0.73	+0.36	+0.47	+7.26	42.20	N	N	Y
20	CADJPY=X	Canadian Dollar / Japanese Yen	CAD	JPY	Cross	Sell	-2.65	-3.70	-1.65	-0.62	-0.33	+5.59	37.70	N	N	Y
21	EURGBP=X	Euro / British Pound	EUR	GBP	Cross	Sell	-2.72	-4.27	-0.83	-1.68	-1.70	-1.05	34.80	N	N	N
22	GBPUSD=X	British Pound / US Dollar	GBP	USD	Major	Sell	-2.90	-4.42	-0.58	+0.90	-0.87	-0.58	44.00	Y	N	N
23	CHFJPY=X	Swiss Franc / Japanese Yen	CHF	JPY	Cross	Sell	-3.07	-3.87	-1.01	+0.52	+1.58	+8.68	45.30	Y	N	Y
24	AUDJPY=X	Australian Dollar / Japanese Yen	AUD	JPY	Cross	Sell	-3.73	-3.60	-2.41	+1.96	+7.23	+15.63	36.30	N	N	Y
25	EURUSD=X	Euro / US Dollar	EUR	USD	Major	Sell	-3.93	-5.95	-1.56	-1.30	-2.82	-2.07	32.40	N	N	N
26	NZDJPY=X	New Zealand Dollar / Japanese Yen	NZD	JPY	Cross	Sell	-4.82	-4.01	-2.71	+1.03	+1.71	+4.18	31.80	N	N	Y
27	AUDUSD=X	Australian Dollar / US Dollar	AUD	USD	Major	Sell	-5.60	-5.56	-2.68	+0.46	+3.66	+6.09	27.90	N	N	Y
28	NZDUSD=X	New Zealand Dollar / US Dollar	NZD	USD	Major	Sell	-6.68	-5.97	-2.71	-0.10	-1.37	-4.35	28.10	N	N	N

Major Pairs

Rank	Ticker	Name	Type	Signal	RS(22)	RS(55)	1M	3M	RSI
1	USDCHF=X	US Dollar / Swiss Franc	Major	Buy	+1.79	+0.51	+1.83	+1.10	62.80
2	USDCAD=X	US Dollar / Canadian Dollar	Major	Buy	+1.36	+0.33	+2.19	+2.02	76.50
3	USDJPY=X	US Dollar / Japanese Yen	Major	Neutral	+0.32	-0.68	+0.86	+1.67	67.30
4	GBPUSD=X	British Pound / US Dollar	Major	Sell	-2.90	-4.42	-0.58	+0.90	44.00
5	EURUSD=X	Euro / US Dollar	Major	Sell	-3.93	-5.95	-1.56	-1.30	32.40
6	AUDUSD=X	Australian Dollar / US Dollar	Major	Sell	-5.60	-5.56	-2.68	+0.46	27.90
7	NZDUSD=X	New Zealand Dollar / US Dollar	Major	Sell	-6.68	-5.97	-2.71	-0.10	28.10

Cross Pairs

Rank	Ticker	Name	Type	Signal	RS(22)	RS(55)	1M	3M	RSI
1	EURNZD=X	Euro / New Zealand Dollar	Cross	Neutral	+1.29	-2.67	+2.04	-0.67	67.30
2	GBPAUD=X	British Pound / Australian Dollar	Cross	Neutral	+1.18	-1.53	+2.22	+0.52	65.00
3	GBPCHF=X	British Pound / Swiss Franc	Cross	Neutral	+0.50	-1.24	+1.10	+1.52	58.20
4	EURAUD=X	Euro / Australian Dollar	Cross	Neutral	+0.11	-3.06	+1.69	-1.60	56.30
5	GBPCAD=X	British Pound / Canadian Dollar	Cross	Neutral	+0.03	-1.43	+1.64	+2.98	68.70
6	EURCHF=X	Euro / Swiss Franc	Cross	Sell	-0.58	-2.81	+0.24	-0.21	43.40
7	GBPJPY=X	British Pound / Japanese Yen	Cross	Sell	-0.96	-2.43	+0.12	+2.09	51.90
8	EURCAD=X	Euro / Canadian Dollar	Cross	Sell	-1.01	-2.99	+0.90	+0.95	53.70
9	EURJPY=X	Euro / Japanese Yen	Cross	Sell	-2.02	-3.98	-0.73	+0.36	42.20
10	CADJPY=X	Canadian Dollar / Japanese Yen	Cross	Sell	-2.65	-3.70	-1.65	-0.62	37.70
11	EURGBP=X	Euro / British Pound	Cross	Sell	-2.72	-4.27	-0.83	-1.68	34.80
12	CHFJPY=X	Swiss Franc / Japanese Yen	Cross	Sell	-3.07	-3.87	-1.01	+0.52	45.30
13	AUDJPY=X	Australian Dollar / Japanese Yen	Cross	Sell	-3.73	-3.60	-2.41	+1.96	36.30
14	NZDJPY=X	New Zealand Dollar / Japanese Yen	Cross	Sell	-4.82	-4.01	-2.71	+1.03	31.80

EM Pairs

Rank	Ticker	Name	Type	Signal	RS(22)	RS(55)	1M	3M	RSI
1	USDBRL=X	US Dollar / Brazilian Real	EM	Buy	+1.89	+1.69	+1.78	+0.22	63.30
2	USDKRW=X	US Dollar / South Korean Won	EM	Buy	+1.29	+2.22	-0.06	+1.32	57.30
3	USDSGD=X	US Dollar / Singapore Dollar	EM	Sell	-0.21	-0.88	+0.65	+0.50	66.00
4	USDMXN=X	US Dollar / Mexican Peso	EM	Sell	-0.44	-1.16	+0.73	-2.21	65.60
5	USDINR=X	US Dollar / Indian Rupee	EM	Sell	-1.22	-2.23	-1.00	+2.39	55.90
6	USDCNY=X	US Dollar / Chinese Yuan	EM	Sell	-1.24	-3.23	+0.15	-1.54	68.20
7	USDHKD=X	US Dollar / Hong Kong Dollar	EM	Sell	-1.55	-2.54	+0.09	+0.08	70.20

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	3.67	-3.20	5.00	14.00	-55.50
2	^FVX	US 5-Year Treasury Yield	United States	5Y	4.23	-0.20	5.30	51.20	36.00
3	^TNX	US 10-Year Treasury Yield	United States	10Y	4.49	1.00	3.00	31.60	19.20
4	^TYX	US 30-Year Treasury Yield	United States	30Y	4.99	1.90	1.80	14.30	16.20

Strongest vs USD (RS22 Leaders)

Rank	Ticker	Name	Type	RS(22)	1M	Signal
1	USDBRL=X	US Dollar / Brazilian Real	EM	+1.89	+1.78	Buy
2	USDCHF=X	US Dollar / Swiss Franc	Major	+1.79	+1.83	Buy
3	USDCAD=X	US Dollar / Canadian Dollar	Major	+1.36	+2.19	Buy
4	EURNZD=X	Euro / New Zealand Dollar	Cross	+1.29	+2.04	Neutral
5	USDKRW=X	US Dollar / South Korean Won	EM	+1.29	-0.06	Buy
6	GBPAUD=X	British Pound / Australian Dollar	Cross	+1.18	+2.22	Neutral
7	GBPCHF=X	British Pound / Swiss Franc	Cross	+0.50	+1.10	Neutral
8	USDJPY=X	US Dollar / Japanese Yen	Major	+0.32	+0.86	Neutral
9	EURAUD=X	Euro / Australian Dollar	Cross	+0.11	+1.69	Neutral
10	GBPCAD=X	British Pound / Canadian Dollar	Cross	+0.03	+1.64	Neutral

Weakest vs USD (RS22 Laggards)

Rank	Ticker	Name	Type	RS(22)	1M	Signal
28	NZDUSD=X	New Zealand Dollar / US Dollar	Major	-6.68	-2.71	Sell
27	AUDUSD=X	Australian Dollar / US Dollar	Major	-5.60	-2.68	Sell
26	NZDJPY=X	New Zealand Dollar / Japanese Yen	Cross	-4.82	-2.71	Sell
25	EURUSD=X	Euro / US Dollar	Major	-3.93	-1.56	Sell
24	AUDJPY=X	Australian Dollar / Japanese Yen	Cross	-3.73	-2.41	Sell
23	CHFJPY=X	Swiss Franc / Japanese Yen	Cross	-3.07	-1.01	Sell
22	GBPUSD=X	British Pound / US Dollar	Major	-2.90	-0.58	Sell
21	EURGBP=X	Euro / British Pound	Cross	-2.72	-0.83	Sell
20	CADJPY=X	Canadian Dollar / Japanese Yen	Cross	-2.65	-1.65	Sell
19	EURJPY=X	Euro / Japanese Yen	Cross	-2.02	-0.73	Sell

Performance Bar Chart

Period

Pairs

USDBRL=X ✓

USDCHF=X ✓

USDCAD=X ✓

EURNZD=X ✓

USDKRW=X ✓

GBPAUD=X ✓

GBPCHF=X ✓

USDJPY=X ✓

EURAUD=X ✓

GBPCAD=X ✓

USDSGD=X ✓

USDMXN=X ✓

EURCHF=X ✓

GBPJPY=X ✓

EURCAD=X ✓

USDINR=X ✓

USDCNY=X ✓

USDHKD=X ✓

EURJPY=X ✓

CADJPY=X ✓

EURGBP=X ✓

GBPUSD=X ✓

CHFJPY=X ✓

AUDJPY=X ✓

EURUSD=X ✓

NZDJPY=X ✓

AUDUSD=X ✓

NZDUSD=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

100.86

-0.52% today

1-Month Change

+1.67%

~22 trading days

3-Month Trend

+0.71%

~66 trading days

Current Regime

Neutral — Watch direction

📊 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