Everything is Awesome: Bloomberg U.S. Dollar Index at New 52-Week High

Reuters: Robust U.S. jobs report bolsters case for December rate hike
U.S. job growth surged in October and the unemployment rate hit a 7-1/2-year low of 5.0 percent in a show of economic strength that makes it much more likely the Federal Reserve will raise interest rates in December.

...Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin, called the jobs growth figure "astounding."

"It's pretty clear that the Fed would be justified in hiking in December if the economy doesn't hit another air pocket," Jacobsen said.

The dollar bull delivers it's first bullish signal. Key currencies such as euro, yen, Canadian dollar, Australian dollar, emerging market currencies (CEW) have yet to achieve new 52-week lows. DXY, tracked by PowerShares DB U.S. Dollar Bullish (UUP) also has a way to go for that reason. DXY currently at 99.13, less than 1% from the 52-week closing high of 100.04. WisdomTree Bloomberg U.S. Dollar Bullish (USDU) is at a new high. Given the deteriorating in the Canadian dollar, DXY will move well above 100 if new lows are hit. The next target is

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