US Dollar Exchange Rate: Trade-weighted broad currency index
The Graph of the Week is from the latest NABE Outlook, from November, 2006, and shows the panel's forecast for the US dollar. From the survey
The panel continues to see some modest softening in the dollar, which may help to improve the trade picture. The dollar is expected to fall on a trade-weighted basis from 97.0 in 2006 to 95.3 in 2007, and drop from an average of $1.26 per Euro in 2006 to $1.28 next year.
NABE members can read the full survey here. A summary is available for the public.