Swiss Economicblogs.org
The Dollar Index is a popular way to think about and trade “the dollar.” However, it has become less relevant as a reflection of the dollar’s performance or representative of trade, capital flows, market capitalization. Economists often use a trade-weighted basket, and the Federal Reserve’s real broad trade-weighted index is an input in official and private-sector forecasts. As an alternative, we present Bannockburn’s World Currency Index (BWCI). It is...
Read More »Introducing the Bannockburn World Currency Index
