Monday, May 28, 2012

Dollar Shows Follow Through on Bullish Break, EURUSD at 2010 Lows

There was a distinct difference in performance between basic risk trends and the US dollar. Though the Dow Jones Industrial Average briefly tested a new low for the year, it quickly recovered most of its lost ground. In contrast, the Dow Jones FXCM Dollar Index advanced for a second consecutive day to fresh 16-month highs.


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