Dollar Index higher by 2% in February MTD, from intraday low on February 1, putting the hurt on emerging markets which is -1.2% from the intraday high on February 1.
The ETF iShares MSCI Emerging Markets Index Fund (EEM, quote) with a good hold of the 50 day moving average today where it has been clinging for life but trading higher to the close since its first test of the 50 day moving average 7 sessions ago.
