Euro to U.S. Dollar (EUR/USD) and 10-Year Spread (Leading Indicator) The 10-year spread (Euro vs. U.S. dollar swap rates) tends to lead EUR/USD by 22 days. Image: Nordea and Macrobond
1-Year Correlation – S&P 500 vs. U.S. Dollar Index How long will the negative correlation between the S&P 500 and the U.S. dollar persist? Image: Morgan Stanley Research
7-10 Treasuries Total Return Index / Gold in U.S. Dollar Gold tends to beat U.S. Treasuries on inflationary fears. Image: Gavekal, Macrobond
U.S. Dollar Index and Purchasing Power Parity Fair Value According to the measure of Purchasing Power Parity fair value, the U.S. dollar remains overvalued. Image: BCA Research
U.S. Dollar Exposure of Currency Hedge Funds Hedge funds continue to cover short positions on the U.S. dollar. Image: J.P. Morgan
Net U.S. Dollar Positioning Asset managers and non-commercial traders continue to decrease their net short positions in the U.S. dollar. Image: Goldman Sachs Global Investment Research
U.S. Dollar Index (DXY) and U.S. GDP as Percent of Global GDP Should investors expect the U.S. dollar to depreciate further over the next few years? Image: BCA Research
Euro to U.S. Dollar (EUR/USD) After U.S. Presidential Inaugurations In recent history, the EUR/USD tends to drop on average after U.S. Presidential inaugurations. Image: Nordea and Macrobond
U.S. Dollar – Spot (Rally) Seasonality by Day of the Week The U.S. dollar tends to rally on Mondays since 2000. Image: BofA Global Research
U.S. Dollar Positions Shorting the U.S. dollar is the second most popular trade among speculators. How long will it last? Image: Reuters