Market Insider

It's not about the stronger dollar…at least not yet

The stronger dollar may have stolen the headlines this week, with the best weekly gain in nearly two years.

And in fact, the dollar index, which measures the dollar's performance against a basket of other major currencies, mostly the euro, is sitting at the highest levels of the year.

But dig deeper into the action in the currency market over two days, and you'll see it's not in fact a broad dollar rally.