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Great Graphic: Fed’s Real Broad Trade Weighted Dollar
Wednesday, March 1, 2017 19:32
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marctomarket.com / by Marc Chandler / March 01, 2017
To begin assessing the dollar’s impact on the US economy, nominal bilateral exchange rates may be misleading. From a policymakers’ point of view, the real broad trade weighted measure is more important. The Federal Reserve tracks it on a monthly basis.
This measure of the dollar snapped a four-month advancing streak ended in January with a marginal loss (0.05%). Last month, the real broad trade weighted measure fell 1.41%, the largest fall since last March’s 2.09% decline.
The post Great Graphic: Fed’s Real Broad Trade Weighted Dollar appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/03/01/great-graphic-feds-real-broad-trade-weighted-dollar/
