Dollar: Small Pull Back Likely, But Bottom In
May 09, 2011 at 11:33 AM EDT
The Dollar has ripped higher over the last three trading sessions This dramatic move has signaled a bottom in the near term. This now means pull backs in the Dollar can be bought and bounces on the Euro can be shorted. The PowerShares DB US Dollar Index Bullish (NYSE:UUP) has jumped from $20.84 last Wednesday [...]