Saturday, September 13, 2008

US Dollar Index

Today's intra-day decline of 1.37% in the US Dollar index would make it the 15th worst one-day decline for the currency over the last ten years. However, as shown in the chart below, today's declines haven't even put a dent in the uptrend that has been in place for the currency since its rally began on July 15th.

Dollar912

Worstdollar_2

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