Federal Funds Rate & USD: no correlation

TVC:DXY   U.S. Dollar Currency Index
Everybody and his dog has been recently saying that rising Federal Funds Rate ( FFR             ) is going to lead us to a stronger U.S. Dollar. While I'm not an economist, simply looking at what USD was doing during the same periods in the past, I can at least say, increasing FFR             doesn't necessarily result in strengthening of the currency of the United States.

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