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Monday
Dec072009

Dollar Back Above 50-DMA For the First Time Since April

DateMonday, December 7, 2009 at 04:51AM

The US Dollar Index is rallying once again today and is now poised to close above its 50-day average (DMA) for the second straight day.  To put the greenback's recent malaise into perspective, you have to go all the way back to April to find the last time the index closed above its 50-DMA for two days in a row.  Back then, the streak only lasted two days as well!


Us dOLLAR


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