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To: zeestephen

“Above $100 indicates USD strength - Below $100 indicates USD weakness “

Not quite. 100 was set in 1973 when the index was started.

If it was started at another time, the current value could be 125 or 80.


5 posted on 06/30/2025 11:56:01 AM PDT by TexasGator (i-D\ logo About Issues Projects Products Connect Subscribe Invest June 19, 2025 | Insight '1-1111 -)
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To: TexasGator
Re: "Not quite."

Your make a valid point.

However, very few Free Republic readers have traded currency futures, so I am making a helpful, but general, comment that adds some meaning to the numbers.

Regardless, the peaks and valleys of the 1973 chart definitely correspond with professional commentary about a strong or weak USD.

9 posted on 06/30/2025 1:25:31 PM PDT by zeestephen (Trump Landslide? Kamala lost the election by 230,000 votes, in WI, MI, and PA.)
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