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The US dollar is poised for its biggest monthly rise in over 15 years

Friday, 29 Aug 2008 | 1:33 PM ET

The US dollar is poised for its biggest monthly rise in over 15 years.

Dollar Index

  • Currently, the dollar index is up by 5.73% for the month of August.
  • The last time the greenback had its best monthly-percentage-gain was in October 1992, with an increase of 7.67%.

Euro

  • The euro is currently down 6.11% for the month, or its biggest monthly decline since 1993.
  • The last time the euro fell over 6.11% in a month, was in June 1993, with a drop of 6.35%

Sterling pound

  • The sterling pound has depreciated by 8.39% so far this month, marking the biggest-percentage-decline for the currency since the month of October 1992, when it dropped by 12.83%.

Japanese yen

  • The Japanese yen is up by 0.78% for the month.

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