NEW YORK (MarketWatch) ? The dollar rose to its best level against the euro since early October after a combination of better data in the U.S., a weak Portuguese bond auction and rising rates in China fueled interest in the U.S. currency.
Suspect the tops forming.
Everyone knows the US Jobless numbers are rubbish and can't be believed ... the market uses what it wants to use to make money for the big boys ... but IMHO there are real issues in Europe which can't be swept under the carpet like QE does in the US.
Looks to me as the USD is bottoming ... if so, markets topping, oil topping etc.
Percentage play.
ITC Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
