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Dollar Index Breaks Down To New Lows

|Includes: PowerShares DB USD Bull ETF (UUP)

The US Dollar Index (NYSEARCA:USD) is currently trading at $74.90, which is a new low as it is slightly below the $75 ($74.97 to be exact) support level from October. A lot of people, including me, have called for a potential US dollar rally, but I have basically given up timing it a month ago. The Fed train's chuggin' along and the US dollar is along its path... anyone wanna bet their dollar on a double bottom??? Let's see if the breakdown is sustainable.