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The Euro Currency Index (EUR_I) represents the arithmetic ratio of four major currencies against the Euro: the American dollar, British sterling, the Japanese yen and the Swiss franc. All ratios are expressed in units of currency per Euro. The index was launched in 2004 by the exchange portal Stooq.com. Underlying are 100 points on 4 January 1971. Before the introduction of the European single currency on 1 January 1999 an exchange rate of 1 euro = DM 1.95583 was calculated.
The Buffett indicator is a valuation multiple used to assess how expensive or cheap the aggregate stock market is at a given point in time. It was proposed as a metric by investor Warren Buffett in 2001, who called it "probably the best single measure of where valuations stand at any given moment", and its modern form compares the capitalization of the US Wilshire 5000 index to US GDP. It is widely followed by the financial media as a valuation measure for the US market in both its absolute, and de-trended forms.
References
- ↑ MISES, Ludwig von. The Theory of Money and Credit. page 97. United States of America : Yale University Press, 1953.
- ↑ Barrington, Richard. "What Determines The Strength Of A Currency?". Forbes. Retrieved 2021-01-27.
- ↑ O'KEEFE, Ryan. Making Money in Forex: Trade Like a Pro Without Giving Up Your Day Job. page 42 .John Wiley and Sons, 2010
- ↑ Twomey, Brian (2011-10-04). Inside the Currency Market: Mechanics, Valuation and Strategies. John Wiley & Sons. ISBN 978-1-118-14935-5.
- ↑ Umarov, Alexey (10 June 2010), Creating a Multi-Currency Indicator, Using a Number of Intermediate Indicator Buffers
- ↑ Laïdi, Ashraf (10 December 2008), Currency Trading and Intermarket Analysis, John Wiley & Sons, ISBN 978-0-470-22623-0
- ↑ "Macro Currency Strength Meter - Live Chart". logikfx. Retrieved 2021-06-12.
- ↑ "Surveys of Consumers - Data". data.sca.isr.umich.edu. Retrieved 2021-06-12.
- ↑ Gębarowski, Robert; Oświęcimka, Paweł; Wątorek, Marcin; Drożdż, Stanisław (2019-11-01). "Detecting correlations and triangular arbitrage opportunities in the Forex by means of multifractal detrended cross-correlations analysis". Nonlinear Dynamics. 98 (3): 2349–2364. arXiv: 1906.07491 . doi: 10.1007/s11071-019-05335-5 . ISSN 1573-269X.
- ↑ Gill, Tanvir (2020-03-24). "The US dollar will test 105 against a basket of currencies in the short term, analyst says". CNBC. Retrieved 2021-01-27.
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