Monday, May 2, 2016

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; chart creation by the author)
(click on charts to enlarge images)
Euro and U.S. Dollar
The Special Note summarizes my overall thoughts about our economic situation
SPX at 2065.30 as this post is written

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