Professor Mark J. Perry's Blog for Economics and Finance
The U.S. dollar index for major currencies (data here) came close to a 6-month high yesterday, reaching the highest level since mid-February. Forward markets are pricing the dollar at $1.9071/BP (+2.24% premium) and $1.5166/Euro in one year (+1.64% premium), vs. $1.9507/BP and $1.5419/Euro currently. 
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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Forward markets can change their mind at any time. "Dollar is debased" Jim Rogers
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