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Closed-End Fund Commentaries

The U.S.Dollar Is Down In 2017

Jan 16, 2018
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View from the Observation Deck

1. In 2017,the U.S.Dollar Index declined in value by 9.87%, from a reading of 102.21 (12/30/16) to 92.12 (12/29/17), according to Bloomberg. It stood at 90.97 on 1/15/18, below its year-end closing value.
2. As indicated in the chart, using year-end values for the index,the average reading for the 20-year period ended 12/29/17 was 90.25.

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