The U.S. Dollar Index continues to stair-step higher, defying the expectations of a bearish majority. The rally (alignment) will only intensify as the financial crisis in Europe unfolds into plain sight. Wall Street, whom the talking heads track, is domestically focused. Few understand that a rising dollar is slowing the economy, driving delation (not inflation), and will eventually cause confidence to crack. The later will send capital into safe haven parking destinations that could send U.S. stocks, the U.S. dollar, and gold higher.
US Dollar Index ETF
PowerShares DB US Dollar Bullish (NYSE:UUP)