Monday 11 October 2010

Currency Wars: USD, CAD

Here are the charts for US dollar and Canadian dollar against a basket of currencies since 1990:

2 comments:

Steven_L said...

Double bottom on the USD index or will it break down again then?

One to watch I think.

Mark Wadsworth said...

SL, I find that normal technical analysis doesn't really apply to currencies over the long term. They just seem to move in a range between 0.8 and 1.2 with very few exceptions.