
Currency Misalignment Monitor – December 2023
Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation moves up again, to 17.4% on robust U.S. economic growth Japanese yen undervaluation

Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation moves up again, to 17.4% on robust U.S. economic growth Japanese yen undervaluation

The November Currency Misalignment Monitor – a monthly index that tracks currency misalignment among major economies – found dollar overvaluation rising further, to reach 16.8%

The October Currency Misalignment Monitor – a monthly index that tracks currency misalignment among major economies – shows that dollar overvaluation rose yet again last

The U.S. dollar fell slightly in our currency model, with overvaluation declining six tenths of a percentage point to 14.6% in this month’s CMM. The

The U.S. dollar continues to rise in our latest monthly update of the Currency Misalignment Monitor, increasing the currency disadvantage for U.S. manufacturers and farmers

Global currency misalignment increased last month as financial markets reacted to the uncertain state of the global economy by bidding the dollar higher. The dollar’s

Misalignment has increased since last month’s report. The dollar is 14.3% overvalued against a basket of major global currencies, up significantly from 11.5% last month.

The U.S. dollar has edged up slightly since our last Misalignment Monitor a month ago. It’s now 12.1% overvalued. The undervaluations of Japan and China

Uncertainty about the state of the world economy has dominated foreign exchange markets so far this year. In February, robust job growth and spending figures

Today we are launching our Currency Misalignment Monitor (CMM). The CMM uses the latest available data to estimate the level of overvaluation or undervaluation for