The US Dollar Index (USDX, DXY) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of US trade partners' currencies.
The current price of U.S. Dollar Index Futures is 106.315 USD — it has fallen −0.16% in the past 24 hours. Watch U.S. Dollar Index Futures price in more detail on the chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For U.S. Dollar Index Futures this number is 37.33 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for U.S. Dollar Index Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for U.S. Dollar Index Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of U.S. Dollar Index Futures technicals for a more comprehensive analysis.