Dollar Up, Dow Down

Posted October 28, 2009

Dollar up…..Dow down. It’s not much more complicated that that these days.

In fact, here’s a look at the recent correlation between stocks and the greenback using the PowerShares DB US Dollar Index Bullish (NYSE:UUP) as a proxy for the dollar

First, in the long term….

….then over the last 5 days.

Any questions?

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