dollar and Covid
Trade-Weighted Dollar Down About 6% from 2020 High
July 9, 2020
Ever since fixed dollar parities were abandoned in March 1973, analysts have used trade-weighted compilations of bilateral dollar values against other heavily traded currencies to gauge a gestalt of the dollar’s average performance. In one such index created by the Fed at the dawn of the floating dollar era, the dollar has ranged as high […] More