Once again the U.S. Dollar Index is trading sharply higher ahead of the opening bell at the NYSE. The dollar is higher by 0.35 cents to 81.51 as of 9:22 am. Often once the opening bell rings the dollar will often fade giving a lift to the markets. This phenomenon also takes place when the stock market indexes are close to breaking important technical levels, at that point the dollar suddenly declines. We shall see about today.

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