The US dollar is on a tear

By Edward Harrison On Sep 11, 2008

The U.S. Dollar is rising like I haven’t seen for quite some time. Sterling, the Euro, the Australian Dollar and the Swiss Franc have all been plummeting against the dollar for the past two months, hitting multi-year lows.

Below is a chart of the benchmark currencies from Bloomberg. I have circled the currencies in red which have lost the most against the USD in the last weeks.

Source
Benchmark Currency Rates – Bloomberg Market Data

currencies

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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