Not exact matches
Previously, as the U.S. markets went from
strength - to -
strength, the U.S.
dollar index continued to weaken.
He noted that the
dollar's relative
strength index, a measure of momentum, hit 76.07 on Wednesday, surpassing the one - year peak hit in October.
For that Garner turned to the
dollar index, which measures the
strength of the U.S.
dollar versus a basket of foreign currencies.
But while large - cap earnings have been dented by the
dollar's
strength, Bloomberg data show that the large - cap S&P 500
Index was outperforming the small - cap Russell 2000 by more than 300 basis points (bps) through late November.
Gold recovered as the U.S.
dollar index, which measures the greenback's
strength against a basket of six major currencies, slid 0.21 % to 92.09, pulling back from Tuesday's four - month highs of 92.37.
As of this writing, the major
indices are hitting day highs as the US
Dollar gave up it's earlier
strength.
The U.S.
dollar index, which measures the greenback's
strength against a basket of six major currencies, was up 0.67 % to 92.24 by 10:21 AM ET (14:21 GMT), the highest level since January 11.
At 14:00 GMT the FxWirePro's Hourly
Strength Index of US
Dollar was neutral at 44.6794.
Here we can see the
Dollar strength has continued as the US
Dollar Index reached new highs shortly after the announcement.
The US
Dollar Index is showing
strength in the short run while US Treasuries are consolidating tin the short term uptrend.
Dollar Strength Weighing on Stocks The threat of higher interest rates because of the better than expected U.S. Retail Sales Report, helped knock the stock
index futures off their highs.
Hot Market Report:
Dollar Index Bulls Gaining
Strength 3.
Some options to play an improving US
dollar relative to counterparts include the PowerShares DB US Dollar Index Bullish ETF (UUP) which capitalizes on relative US Dollar strength or if you want to continue to play Eurozone contagion, (EUO) is a leveraged short Eur
dollar relative to counterparts include the PowerShares DB US
Dollar Index Bullish ETF (UUP) which capitalizes on relative US Dollar strength or if you want to continue to play Eurozone contagion, (EUO) is a leveraged short Eur
Dollar Index Bullish ETF (UUP) which capitalizes on relative US
Dollar strength or if you want to continue to play Eurozone contagion, (EUO) is a leveraged short Eur
Dollar strength or if you want to continue to play Eurozone contagion, (EUO) is a leveraged short Euro ETF.
We saw the same theme of rebounding real estate and financials while China showed
strength and in the non-leveraged segment, commodities rallied even in the face of a mildly stronger
dollar index for the week.