The U.S. Dollar Index finally rose off a 3-year low, and all it took was news of the death of Osama bin Laden, the leader of the radical al Qaeda faction. Most traders agree that the gain is likely a knee-jerk reaction and the dollar will revert before too long. As reported at 2:38 p.m. (JST) in Tokyo, the U.S. Dollar Index traded at 73.152 .DXY, a gain of 0.2%, coming off a 3-year low of 72.813 .DXY struck earlier in the session. In April, the Dollar Index lost nearly 4%, and traders say that it appears that the U.S. currency has been oversold in the short term, so a correction was expected. bingo online Sightline Payments Bally Technologies
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