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The Dollar Breakout Brings Down Markets

Posted, by inthemoneystocks on May 15th, 2012

By now everyone should know that when the U.S. Dollar Index is strong the major stock and commodity markets will deflate and trade lower. Most leading commodity stocks are falling sharply lower today as the U.S. Dollar Index futures surge higher. Traders can easily see how the PowerShares DB US Dollar Index Bullish (NYSEARCA:UUP) is trading higher by 0.17 cents to 22.51 a share.

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Authored by, inthemoneystocks
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Tickers:
CLF | CVX | NEM | UUP
Tags:
, CVX, CLF, NEM, uup
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