A strong dollar is on a path to get even stronger

November 15, 2016 | Daily JAM, Morning Briefing | 3 comments

The U.S. dollar continues to move up. The Dollar Spot Index (DXY) has climbed 3.2% since November 4 to 100.16 as of noon today, November 15. That puts the index, which tracks the U.S. dollar against a basket of currencies from significant trading partners, knocking on the door of resistance at 100. (The 52-week high for the index is 100.51.)