Forex Investment:Correlation Between U.s. Presidency And The Euro - Dollar Exchange Rate
Feb.04, 2012 in
Forex Investing
Article Summary:
Here is a collection of Forex News Updates, Other Forex Trading System Resources and Information.
Correlation Between U.s. Presidency And The Euro - Dollar Exchange RateA little less than 4 years ago we began studying the correlation between changes in the Euro - Dollar exchange rate and the U.S. president’s party (Democrat or Republican). Election years
Correlation Between U.s. Presidency And The Euro - Dollar Exchange RateA little less than 4 years ago we began studying the correlation between changes in the Euro - Dollar exchange rate and the U.S. president’s party (Democrat or Republican). Election years
Article Content:
Correlation Between U.s. Presidency And The Euro - Dollar Exchange RateA little less than 4 years ago we began studying the correlation between changes in the Euro - Dollar exchange rate and the U.S. president’s party (Democrat or Republican). Election years mark an extreme point and the trend seems to change when the United States change government. The Dollar rises against the Euro when the United States are led by a Democrat and the opposite when a Republican is in charge. This chart graphs the Euro - Dollar exchange rate in late 2008 with my forecasts:
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