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Dollar update: Portugal – Greece – Egypt drives U.S. dollar

Posted
7/3/2013 10:28:00 AM
By: Emerging Money
Referenced Stocks:

U.S. dollar update.  With Portugal being Greece and Greece being Greece, and Egypt being Egypt, and Image courtesy Arnaud Joron: http://www.photoxpress.com/search-stock-photos-photographer/ARNAUD+JORON/275548 ADP payroll numbers being strong and the Fed lurking, the U.S. dollar remains one of the best trades of the third quarter.

A test of 84.00 on DXY was sniffed out this morning, but remains in sight.

Bottom Line: Buy weakness.