DislikedI don't understand it either. However, I use this simple rule and it works most of the time.
Stock market up = weak dollar
Stock market down = strong dollar.
Hope this helps.
BIgnored
Equities up = weak yen
Equities down = strong yen
however these are very strange times with all the US interventions so i guess in the short term
Equities up = Strong dollar
Equities down = Strong dollar
DJIA 0 = Strong dollar
JPMorgan, GS, Citi collapse on same day = Strong dollar
Bernanke shaves his beard = Strong dollar
Paulson grows some hair = Strong dollar
Bush gets impeached = Strong dollar
Cox says "if you sell any stock you will be prosecuted" = Strong dollar
The world stops buying dollars = Strong dollar