U.S. Dollar chart impressive reversal to strength

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Dollar Chart (DXY) still very impressive reversal to strength looking over last 1.5 years. Image courtesy iChaz: http://www.flickr.com/people/chazoid/ DXY ( UUP , quote ) despite some strange days last week include a -80 basis point (bp) day is above 50 day moving average and today above the 20 day moving average.

U.S dollar looks strong.

It should be noted that this chart also signals the end of the gold bull run which began its breakdown in the same time the U.S. dollar strengthened.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , International , Stocks

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