Your E-Mail Address:

(It's completely free!)
Sample Charts
Sample #1 ]
Sample #2 ]
Sample #3 ]

Privacy ]
Tell a Friend ]
Suggest a Chart ]
Comments ]

Dogs of the Dow ]
Top Dog Brokers ]
Chart of the Day
Back in January 1994, the North American Free Trade Agreement (NAFTA) was implemented and China devalued its currency to above eight yuan to the dollar. Today’s chart illustrates how these two events have altered the US economic landscape. Since January 1994, Canadian imports have more than doubled whereas Mexican imports have more than tripled while Japan stayed flat. Then there is today's big story that China revalued the yuan by 2.1% versus the dollar and will now peg its currency to a basket of currencies. However, with some claiming that the yuan is currently undervalued by as much as 60%, China has a long way to go before its currency (which has helped it increase exports to the US by more than 5 times since January 1994) is brought back in line with the dollar. While the yuan is still pegged, this move does suggest that China may be inclined to have their currency move in the direction of fair value. How quickly and to what degree is anyone's guess. Nonetheless, it is an important development as an ongoing revaluation of the yuan has the potential to place upward pressure on US inflation, interest rates, and jobs. Stay tuned...

- What are our latest indicators and studies saying about future stock market trends? Find out with the exclusive long-term stock market charts, indicators, and studies of our premium service Chart of the Day Plus.

Source - Census
Rate today's Chart of the Day
Excellent    5    4    3    2    1    No good
By voting every day you help us get you the charts you want to see.

Quote of the Day
"A journey of a thousand miles must begin with a single step." - Chinese proverb

Events of the Day
August 11, 2005 - PGA Championship begins (ends August 14th)

Mailing List Info
Chart of the Day is FREE to anyone who subscribes.

-- To subscribe, simply type in your email address at the top left of this page.
-- To unsubscribe, simply fill in our unsubscribe form.
-- To change your email address, first subscribe with your new email address and then unsubscribe your old email address (as described above).

Chart of the Day provides this mailing list to subscribers without warranty of any kind and accepts no responsibility for its accuracy or for any consequences of its use.

©1999-2016 Chart of the Day - All rights reserved