- DXY Spike+3 pts
- Dollar Index strength >3% — strong USD indicates global stressWhy it matters: Strong USD typically signals flight to safety and global risk aversion
- DXY Extreme Surge+4 pts
- Dollar Index strength >5% — extreme USD demandWhy it matters: Extreme dollar strength indicates severe global financial stress
- EM FX Stress+3 pts
- Emerging market FX stress >4% — EM currency weaknessWhy it matters: EM FX stress signals capital flight from developing markets
- Yen Safe-Haven Flow+2 pts
- USD/JPY down >2% — yen strengthening (risk-off)Why it matters: Yen strength indicates flight to safety and risk aversion
- Cross-Currency Volatility+2 pts
- Cross-currency volatility >3% — FX market dislocationWhy it matters: High cross-currency volatility signals FX market stress
- EUR/USD Breakdown+2 pts
- EUR/USD down >3% in 5 days — euro weaknessWhy it matters: Euro weakness signals eurozone stress or dollar strength
- GBP/USD Stress+2 pts
- GBP/USD down >3% in 5 days — pound weaknessWhy it matters: Pound weakness signals UK economic concerns or dollar strength
- Yuan Weakness+3 pts
- USD/CNY up >2% — yuan depreciation pressureWhy it matters: Yuan weakness signals China FX pressure and potential PBOC intervention
- Peso Stress+3 pts
- USD/MXN up >4% — peso weakness (EM bellwether)Why it matters: Peso is most liquid EM currency; weakness signals broader EM stress
- Broad FX Dislocation+2 pts
- 2+ major pairs with >2% 5d moves — widespread FX stressWhy it matters: Multiple major pairs stressed indicates systemic FX market dislocation
- FX Volatility Elevated+1 pts
- DXY volatility above 25 — elevated FX uncertaintyWhy it matters: Elevated FX volatility indicates currency market uncertainty