IVOL - U.S. Not Winning The War With A Weak Dollar

September, 23 2019 02:13 PM Quadratic Interest Rate Volatility and Inflation Hedge

President Trump's administration would like to achieve a “weak” dollar in order to spur on US exports and improve the US trade balance.

This is the primary reason for the President's tirades against Federal Reserve Chairman Jerome Powell.

So far this year, the president is losing the battle.

The U. S. Dollar Index (DXY) was 95.22 near the start of this year.

The U. S. Dollar Index is around 98.68 on Monday morning, September 23, 2019, a 3.6 percent rise.

Against the Euro, early in January 2019, it took $1.1544 to acquire one Euro. On

Company Name:	Quadratic Interest Rate Volatility and Inflation Hedge
Stock Symbol:	IVOL
Market:	NYSE