Wednesday, January 13, 2016

There's the US dollar, then there's the US dollar

Nude Eel Demoncrat - here's a 5 year graph of the US$. Where he gives us this chart:

To which I reply:

It seems that the US dollar is still going up. It's just that the simple US$ index isn't capturing all the information required from an international macro perspective.

What's the difference between your simple USD calculation and the TWUDX, NDD?

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