Six Stages of the dollar during the Era of Global Rebalancing

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--Charles Dickens

Commentary & Analysis

Six Stages of the dollar during the Era of Global Rebalancing

It’s always difficult to pinpoint where we are in terms of a trend.  Long-term trends in the currency markets have ranged from six to ten years, measured by the various bull and bear markets in the dollar since the inception of the free-floating currency market back in 1971.  Here’s the pattern of long-term bear and bull markets in the dollar as measured by the US $ Index:

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