Relief rally is here: Dollar hits one-month high

No bear market runs lower in a straight line… which is why the U.S. dollar just hit a new one-month high. Driving the rally is the better than expected non-farm job numbers reported last week.

A rally in the dollar is bad for stocks and gold. If the dollar puts together a sustained rally, it could also make this dark prediction from Dr. Doom Nouriel Roubini come true...