Dollar ETF Could be ‘Tell’ for Commodities, Stocks
June 23, 2011 at 14:21 PM EDT
Investors should keep a close eye on exchange traded funds indexed to the dollar’s movements as a rally in the greenback would likely crush commodities and provide a headwind for stocks. Oil and U.S. stocks were selling off Thursday while the Dollar Index rallied nearly 1% along with PowerShares DB...
