The Traderszone Network

Published in TZ Latest News 12 January, 2017 by The TZ Newswire Staff

Hamburger-based currency valuation model has USD overvalued against nearly everything

Check out the CHF – way too strong according to the Economist’s Big Mac index

Big Mac Index invented by The Economist in 1986
– Based on the theory of purchasing-power parity (PPP) … (that in the long run exchange rates should move towards the rate that would equalise the prices of an identical basket of goods and services (in this case, a burger) in any two countries)