Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Dollar rallies strongly today
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Wednesday, February 17, 2010
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By Daily Crux Editor Justin Brill:

We want to draw your attention to today's dollar rally.

The dollar fell hard yesterday as stocks rallied, but it quickly regained those losses today and looks to be headed to new highs.

Strength in the dollar has preceeded losses in stocks so far this year, so traders should be prepared for the possibility of more market weakness in coming days.

Read full article (with chart)...

More on the dollar:

What if the dollar doesn't crash?

Legendary trader Gartman: This is more than just a correction

Morgan Stanley: This trade could be hugely profitable this year

Topics: US dollar | Stocks | Cruxallaneous
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