The USD Index has given breakout on 17th Feb. See chart below:

Note:The chart in lower pane is weekly chart which shows the longer term trend.

This is significant because people have been expecting USD to weaken given printing of money by US Fed. On the other hand since Aug 08 USD index has risen due to redemption and flows back to US. This breakout seems to suggest that the trend of capital redemption and seeking safety back home may not be over yet. USD Index rising also weakens INR, which dampens FII sentiment since weakening INR is bad for dollar denominated returns. Along with strength in silver and gold, this trend could be significant for world markets to watch for next few months.