Can the U.S. dollar rise without tapering?

Market Pulse for Nov. 13

So far since the Nov. 1 open of the Dec. 2013 U.S. Dollar Index (USD) (NYBOT:DXZ13), which was 80.330, the USD has moved up to close Nov. 12 at 81.252 after hitting a low on Oct. 25 of 79.060. With positive economic data last week once again fueling tapering talk, the question now becomes, “Is tapering the only item giving bulls the strength to push up the USD?” Let’s have a look.

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