santosh_dts

Emerging markets and Dollar

AMEX:EEM   iShares MSCI Emerging Index Fund
We seen some negative correlation between Dollar Index and Emerging Markets Index (EEM). Currently, the dollar index has broken a significant upword sloping trendline and is retesting the same from below. If this trendline now becomes a resistance, the we may witness further fall of Dollar and a bullish really in EEMs.

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