Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

The dollar index nears the dreaded "death cross" - the 50-day moving average moving below the...

  • Friday, October 12, 2012, 11:03 AM ET
    The dollar index nears the dreaded "death cross" - the 50-day moving average moving below the 200-day moving average. To the technicians who mostly populate foreign exchange trading, the pattern is thought to confirm the start of a new downtrend. The dollar bull ETF (UUP) looks to have already completed the formation.
Track new comments on this story

This news story has 3 comments:

  •  
    Yes, and the CME has added the third, fourth, and fifth digits in various "dollar sensitive" hard assets.
    12 Oct 2012, 11:08 AM Reply Like
  •  
    Not to worry -- the USD and equities are negatively correlated.
    12 Oct 2012, 11:12 AM Reply Like
  •  
    This is good for equities right?
    12 Oct 2012, 12:57 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Global Articles
More Latest Articles »