This is the US Dollar Index going back to October 2006:
The Dollar devalued slowly as the economic crisis unfolded in 2007. Then in mid 2008 it shot up as everybody sold stocks and ran to treasuries.
But that cliff at the end. That's the last week or so. From 88 to 80 is a drop of around 9%. Scary.
The Dollar devalued slowly as the economic crisis unfolded in 2007. Then in mid 2008 it shot up as everybody sold stocks and ran to treasuries.
But that cliff at the end. That's the last week or so. From 88 to 80 is a drop of around 9%. Scary.
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