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Why Stock ETFs and the Dollar are Moving Higher Together
By: ETF Trends
Posted on March 15, 2012 at 10:43 AM EDT
Over the past year, on days when the euro was up it was also likely that U.S. stock exchange traded funds were rising. However, in the first half of March, U.S. stocks and the euro have been moving in opposite directions as the dollar strengthens with equities. SPDR S&P 500 (NYSEArca: SPY) is...
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