Deeper Analysis
A Long, Long View of the Dollar’s External Value: Low Now and In Danger of Weakening Further
September 15, 2025
Charts of the often-quoted DXY/USDX weighted index of the dollar provide a view going back to the birth of flexible dollar rates some 52 and a half years ago. The currency weights reflect trade flows with other major economies at an historic time rather than the current one. The index is dominated by the euro […] More
New Overnight Developments Abroad - Daily Update
Soft Chinese Data, A Downgraded French Credit Rating, Upcoming Monetary Policy Reviews, and a Japanese Holiday
September 15, 2025
(174) Japanese markets were closed today in observance of Respect for the Aged Day, but China released August economic figures, which on the whole surprised to the downside. A 3.4% 12-month rate of rise in Chinese retail sales was the slowest in nine months and down from the 7.2% increase in 2024. Industrial production rose […] More
