Monday June 16, 2008 - 17:32:28 GMT
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Black Swan Capital - www.blackswantrading.com
US $ Index
$ Index hitting an oil slick againâ€¦
The US$ index was moving up nicely. But it seems the G-8 didnâ€™t do as much as the market wanted. And what they did say didnâ€™t do anything for oil other than lead to a new all-time record high today.
Of course, higher oil continues to spell trouble for the dollar. Is it back down to the lower end of the channel again for the buck?
US$ Index Daily:
(chart unavailable in text format)
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