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Strategies & Market Trends : The Ego Forum
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To: ames who wrote (11879)3/3/2013 11:22:16 AM
From: hubris33  Read Replies (1) of 12175
 
>>>Take a look at this 10-year graph of the dollar index (DXY), which really isn't the best way to track the dollar's worth, but it's used by the markets and the media. The DXY measures the dollar's loss of value against a weighted basket of currencies — the euro (57.6%), yen (13.6%), British pound (11.9%), Canadian dollar (9.1%), Swedish Krona (4.2%), and Swiss franc (3.6%).<<<

OK, so he hates the dollar index. What does he propose as an alternative?

Good post ames - keeping an eye on the bigger picture.
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