Will the U.S. dollar test the 2011 lows in 2013?

Market Pulse: January 2

For the month of December, the March 2013 U.S. Dollar Index opened at 80.345, hit a high of 81.055, a low of 79.015 and closed at 79.871. The last week of trading saw the dollar climb to almost re-test 80. The reason for the climb was the fiscal cliff. You can see from today’s price action how the dollar is responding to Congress passing a budget to bring the fiscal cliff drop that started on Dec. 31 to a halt on Jan. 1.

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