Skip to content

EURUSD and Dow, from Paolo Pezzutti

Over the past 5 years the Dow and the EURUSD have amazingly printed the same performance that you can see in the chart (about 6.5%). Until the end of 2007, a weak dollar was getting along with a rising stock market. From 2008 to Mar 2009 EURUSD outperformed stocks. When the Dow low was printed in 2009 things changed and then last year they moved in opposite directions (+10% the Dow and -10% the EURUSD). Different forces moved them during the various periods but coincidentally (?) and accidentally (?) they ended up at the same point. What to expect now?