When the Dollar Drops The Markets Pop
Seeking Alpha Analyst Since 2009
Traders can easily see by this chart that when the U.S. Dollar Index declines the S&P 500 e-mini futures rally higher. This is the main catalyst for the gap higher open in the major stock indexes. We can only wonder when the falling dollar will become problematic for the stock market. It has already become problematic for people around the world as inflation is skyrocketing.
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