Tuesday, July 6, 2010

U.S. Dollar Index Topped Out

The U.S. Dollar appears overbought, will the stock market rally and the bond market sell off?

http://futures.tradingcharts.com/chart/US/M

http://www.fxstreet.com/rates-charts/usdollar-index/

* as of 7/5/10, the U.S. Dollar index is at 84.552; the index topped out at 88.834 on 6/4/10

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