We can only wonder when the falling U.S. Dollar Index will no longer come to the rescue of the major stock indexes. Nearly every trading day, when the major stock indexes are plunging lower the U.S. Dollar Index will decline intra-day and help almost every stock and commodity to inflate off of the morning lows. Earlier today, the U.S. Dollar Index futures (DX-M2) were trading as high as $80.07 per contract, however, the U.S. Dollar Index futures are now trading around the $79.85 area. When the dollar drops the market pops, that is all traders need to remember at this time.
Some leading equities that have rallied off of the morning lows when the dollar declined were Deere & Company (NYSE:DE), Exxon Mobil Corporation (NYSE:XOM), Amazon.com Inc(NASDAQ:AMZN), and the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA). As you can see, nearly every stock and major stock index will react positive to the falling U.S. Dollar.