King Dollar Summer Rally Continues!
Since the most recent low on July 15 of 70.0318, the U.S. dollar index (vs. major currencies) has increased by 6.2% to close today at 74.3478 (see chart above). CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Monday, August 11, 2008
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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2 Comments:
It's weird,what is the reason behind rally?
I'd like to know that, too. The slope of the curve looks like a speculative bubble is bursting.
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