MARKETS NEWS
Darin Newsom DTN Senior Analyst
Tue Oct 1, 2013 06:54 AM CDT

US Dollar Index Drifting Lower

The U.S. government shutdown Monday at midnight reminded me of the proverbial question; if a tree falls in the forest and nobody is around to hear it, does it make a sound? A look at the markets early Tuesday morning would indicate the answer is "no".

As September came to an end, the spot U.S. dollar index was in the process of establishing a technical signal on its monthly chart. Notice how it had traded above the August high of 82.494 and below the August low of 80.754, before settling for the month at 80.221. ...

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