The US Dollar after the Fed Hikes

I think this is a terrific chart presented by Jawad Mian. I am so tired of everyones postulating whether the USD is going up or down, and whether the Fed is going to hike or not. Who the hell knows when the Fed will hike, but going back to 1970 and the last 17 Fed hike (starts) cycles the USD has actually weakened.

I find this kind of empirical research informative.

Source: Nodea Markets

Source: Nodea Markets