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

Market Pulse: January 2

By Gary Kamen

January 2, 2013 • Reprints

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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Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
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