U.S. Dollar vs. Japanese Yen (USD/JPY)

U.S. Dollar vs. Japanese Yen (USD/JPY) This chart also suggests that the U.S. dollar remains relatively strong despite Fed action. Image: Alpine Macro

The Cost of a Barrel of Oil in Real U.S. Dollar Terms

The Cost of a Barrel of Oil in Real U.S. Dollar Terms This chart puts into perspective the real price of oil in U.S. dollar terms since 1870. U.S. oil prices turned negative for the first time in history. Image: Deutsche Bank

U.S. Dollar and Equity Market Bottom

U.S. Dollar and Equity Market Bottom In the last recession, the U.S. dollar topped at the equity market bottom. Image: Goldman Sachs Global Investment Research

U.S. Dollar and S&P 500

U.S. Dollar and S&P 500 The U.S. dollar and the S&P 500 tend to move in long waves. Since 2011, the S&P 500 has outperformed the MSCI EAFE index, but the coronavirus could signal a peak. Image: Bloomberg

U.S. Dollar Index vs. Reserves (Leading Indicator)

U.S. Dollar Index vs. Reserves (Leading Indicator) This chart suggests that reserves tend to lead the U.S. dollar index by three months. Lower U.S. dollar ahead? Image: Economic Perspectives