June's bearish moves in the dollar should be viewed as a buying opportunity. By the end of the year, the currency will be higher, supported by the diverging central bank policies that can be seen in the Bank of Japan, European Central Bank and Federal Reserve.

At the time of publication, Cox had no positions in stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Richard Cox is a university teacher in international trade and finance. His articles appear on a variety of Web sites, including MarketBulls.net, Seeking Alpha, FX Street and others. Investing strategies are based on technical and fundamental analysis of all the major asset classes (stock indices, currencies and commodities). Trade ideas are generally based on time horizons of one to six months.

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