Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Bob Carey
Chief Market Strategist
Bio
X •  LinkedIn
 

  The U.S. Dollar Has Strengthened The Past Two Years
Posted Under: Conceptual Investing
Supporting Image for Blog Post

 

View from the Observation Deck 

  1. From 12/31/13 through 12/31/15, the U.S. Dollar Index rose by 23.2% to an index reading of 98.63, according to Bloomberg. The index stood at 98.55 on 1/28/16.
  2. The U.S. Dollar Index actually peaked in 2015 at 100.33 on 3/13/15. It then fluctuated between 93.14 and 100.17 for the remainder of 2015.
  3. The current index level reflects a relative strength that resembles the late 1990s.
  4. While some analysts saw the potential for the U.S. dollar to rally after the Federal Reserve raised its benchmark lending rate on December 16, it has yet to come to fruition. 
  5. Predicting the direction of currencies is a tricky business. We hope that the chart above provides some historical perspective that can help shape expectations.

This chart is for illustrative purposes only and not indicative of any actual investment. Investors cannot invest directly in an index. The U.S. Dollar Index (DXY) indicates the  general international value of the dollar relative to a basket of major world currencies.

To Download a PDF of this post, please click here.

Posted on Thursday, January 28, 2016 @ 1:12 PM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
MARKET ANALYSIS
Market Commentary and Analysis
Market Commentary Video
Monthly Talking Points
Quarterly Newsletter
Market Observations
Subscribe To Receive Email
 


 PREVIOUS POSTS
How Large Company Stocks Have Performed In The New Millennium
The Energy Sector’s Influence On S&P 500 Index Earnings Is Waning
Snapshot Of Bond Valuations
The Sale Continues
2015 Has Something In Common With 2011
S&P 500 Index Top-Line Growth Estimates
More like 2003 NOT 2008!
The Average Stock In The S&P 500 Index May Be Down More Than You Think
2016 & 2017 Earnings Snapshot
S&P 500 Index Companies Rewarding Shareholders Despite Modest Recovery
Archive
Skip Navigation Links.
Expand 20242024
Expand 20232023
Expand 20222022
Expand 20212021
Expand 20202020
Expand 20192019
Expand 20182018
Expand 20172017
Expand 20162016
Expand 20152015
Expand 20142014
Expand 20132013
Expand 20122012
Expand 20112011

Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2024 All rights reserved.