Thursday, September 9, 2010

US Dollar -- Seasonal Index

Here's how the trade-weighted dollar (TWEXM on FRED) has performed over the course of the year (on average) since 1973:

You can see that the value of the currency has a tendency to decline about this time of the year. Personally, seasonality, whether in currencies or anything else, doesn't concern me much, but it's still worth the time to draw up the chart.