Losing Faith? Dollar Index Dive Erases Post-Election Gains

The Dollar Index is now down 5 days in a row. While economic data has been disappointing (potentially leaving a less hawkish Fed – though we doubt it), it appears Trump turmoil is more to blame as dollar-holders lose faith in dollar assets…

The question is – is 3rd time testing this low the charm for a breakdown? Or do we bounce back higher again?

via http://ift.tt/2pSO4Rr Tyler Durden

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