The Dollar is Entering a Buy Zone
As I mentioned yesterday, the dollar index is getting close to the first buy area of 75.14. Obviously trends are pointed lower, so this is a contrarian trade that has some risk. What does this mean to other markets. To the stock market, maybe nothing, maybe just a lot of sideways action. To commodities, we probably saw our highs for the year in mid-February. Oil may hang around until the Arab revolts stabilize. To interest rates, the trend will gradually turn higher,
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