INT; U.S. Dollar Index Dips to The Negative Side Ahead of the Open
The U.S. Dollar Index began to decline around 8:00 am EST. As we all know by now when the dollar drops the stock market indexes gain. The S&P 500 e-mini futures are now trading higher by 4.50 points. Should the dollar decline further today this could help most commodities and inflationary stocks to catch a bid. However, on the flip side should the dollar bounce or gain some strength this would be viewed as a negative for the markets.
