All hail King Dollar

The US economy isn't great but the Fed isn't on the cusp of cutting rates. Neither is the Bank of England but that doesn't matter at the moment as the market chases dollars like a rabid dog.

When there's no bounce whatsoever late in the week, it's a great sign that the trend will continue into the week ahead.

That leaves the euro -- especially -- on its knees for the near future. It doesn't look good for anything other than the dollar.