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Tuesday, August 18, 2009

This is a must read from Binve!!

Market Update - Equities and US Dollar
Courtesy of Binve

Time for a more in-depth examination of the equity markets and the US Dollar. As I have talked about in the past (and is abundantly obvious to anybody who has been watching the market longer than 5 minutes), the US Dollar and Equities have been inversely correlated. Or put another way, the weakening US Dollar has been fueling the rally since March. Analysis of this "bull market" (used very loosely) equity rally necessarily requires an examination of the US Dollar, and where it might be headed.
Click here to read the full article

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