Euro Vs. The U.S. Dollar – May 2, 2016 Update

One of my ongoing concerns - and one that I have written of extensively - 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 (depicted as the U.S. Dollar Index, 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)

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2065.30 as this post is written