Dollar drives stocks and oil lower |
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The U.S. dollar index futures market is getting its 15 minutes of fame. What was once a rarely spoken about futures contract is now garnering attention from CNBC and Fox Business news. The greenback has been relentlessly grinding lower in recent months but is beginning to show temporary signs of life. If you follow currency trade, you have likely read about the carry trade that has allowed the U.S. currency valuation to drop beneath what the fundamental value might actually be. Carry traders
Filed under: Fundamental
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