New Leg Up for the Dollar?

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 |  Includes: DBV, UDN, UUP
by: Bespoke Investment Group

After trading sideways for much of the last two months, the US Dollar index successfully tested its 50-day moving average last week and looks to be in the early stages of a new leg higher. While Europe has its fair share of problems, it's still hard to believe that the US dollar can rally even as the Federal government faces higher borrowing costs than Warren Buffett.

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