Thursday, March 1, 2012

Market Movers

The  Market was up today, which means that the value of the US Dollar went down.  These two entities have been moving in opposite direction. When the US Dollar's value is greater, it takes fewer dollars to buy a share of stock, than it did when the dollar is cheaper. When the dollar is cheaper it takes more dollars  to buy the same share of stock.

US Dollar Index      78.81   -0.01  Down slightly. But is was enough of an excuse for the market to go higher.

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