Friday, August 28, 2015

Euro Vs. The U.S. Dollar – August 28, 2015 Update

One of my ongoing concerns is the level and future resiliency of the U.S. Dollar.
For reference, below is a chart that I find notable.  It provides a comparison of the Euro (on the top plot) to the Dollar (found on the bottom plot) on a daily basis, with price labels, over the last five years:
(chart courtesy of StockCharts.com; chart creation by the author)
(click on charts to enlarge images)
euro and U.S. dollar
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 1980.99 as this post is written

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