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Weaker Dollar Today. Oh We Thought It Didn't Matter?

|Includes: PowerShares DB USD Bull ETF (UUP)

Many so called market mavens and talking heads have been mentioning over the past few weeks that the U.S. Dollar index is not the main catalyst for the market rally. Well today the market is purely moving inverse to the dollar. Over the last three weeks the volume has been extremely light and that allows the institutional money that controls the markets to easily keep the market floating higher. The weak dollar is still the main catalyst for the higher moves in this market.