Nevertheless, the birth of a new cyclical bull market suggests the potential for
a multi-year up move to come.
Not exact matches
In the currency markets today, the U.S. dollar
moved up to
multi-year highs against the Japanese yen and other major currencies as Federal Reserve Chairman Ben Bernanke made comments that the U.S. central bank could slow down its asset purchasing program soon.
The SPY
moved up to the 150 level and consolidated there until it broke higher Friday, closing with another new
multi-year high.
What is apparent is that on a
multi-year basis the ppm / year increase is going
up, try something like a 5 year
moving average to filter inter-annual difference for the full record.