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Closed-End Fund Market Commentaries


The U.S.Dollar Is Down In 2017

Jan 16, 2018
Click here to access The U.S. Dollar Is Down In 2017

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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