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Currency ETFs: Dollar Rallies to Key Resistance, Threatens Breakout
By:
ETF Trends
Posted on May 16, 2012 at 11:11 AM EDT
An exchange traded fund pegged to the U.S. Dollar Index is on an 11-day rally as the greenback nears a key resistance level. If the dollar breaks out, it could mean pain for ETFs tracking stocks and other risk assets. The Dollar Index is on its longest winning streak in more than 20 years on fears...
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