Fun With Headlines

Today in the Wall Street Journal...

Page C1: "U.S. Investors' Overseas Bets Dent Greenback: Quest for Stronger Gains Leads to Weaker Dollar; A Self-Fulfilling Cycle"

Page C6: "Dollar Looks Set to Move Up: Outlook for Japan, Europe Lend Hope for More Gains"

But seriously: The U.S. Dollar index does seem to have bottomed, at least short term. And maybe (emphasis on maybe) more: In late April, USD bounced off what could be long-term support (at the level it carved out in late December, 2004.)