By InTheMoneyStocks on April 13th, 2010 9:20am Eastern Time
The U.S. Dollar Index declined sharply since 5:00 am EST. The dollar index is down 0.21 cents this morning to 80.34. When the dollar is lower before the New York Stock Exchange opens the stock index futures will usually trade higher. However, once the stock market opens the overall indexes will usually trade inverse to the dollar. Therefore, if the U.S. Dollar declines expect stocks to catch a bid and the opposite to happen should the dollar rise.
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