Big Mac Index

We have the new Big Mac Index, a guide to valuing FOREX. We take a Big Mac as a standard, then we compare its price in different countries to obtain the currency change.

According to the new list, we have:

• EURUSD: 1.08, USDCAD: 1.09, USDJPY: 89.6
• EURGBP: 0.69, EURCHF: 1.97, EURJPY: 96.8
• EURSEK: 11.8, EURNOK: 12.1

Fundamental factors may persist for years, but we feel more confortable when we trade in their sense.

26/07/2009