Not necessarily... The Dow sometimes marks up quickly after close which allows it to drop slowly in Asia dragging Euro down but keeps Dow near fair value
DislikedIf the dow is making up points in the after market, its going to DECREASE the chances of the dollar dropping, and add strength to the EURO. People will be moving out of the US treasuries and back into stocks looking for greater returns which would in turn deflate the dollar. Not to mention the Asian equities were up big yesterday...which will increase people risk appetites in Europe...further shunning the dollar.Ignored
Disclaimer: Check your 1m charts