Entries with tag "economy"
The Canadian dollar (CAD) and the Mexican peso (MXN) are tightly linked to the US economy; specifically here the DJI (Dow Jones Industrial average), as can be seen in the image. When the DJI strengthens, so do the CAD and the MXN, and vice versa. Note however that, on the long term (2 years, 5 years), the MXN never quite recovers the way the CAD does after a dip in the DJI.
The top graph shows an interval of one year (Oct 2009 - Oct 2010), the middle graph shows an interval of two years (Oct 2008 - Oct 2010), and the bottom one an interval of five years (Oct 2005 - Oct 2010).
- Posted on:
- 2010.10.23 -0500