Oct 14

Is This The “Death” Of The Dollar?:

For the first time since September 2013, The USD Index just signalled a “death cross.” Three of the last four times that the 50-day moving-average crossed below the 200-day moving-average, The USD Index tumbled significantly.

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This makes sense as the rate-hike odds (and implicitly timing) continues to plunge.

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Charts: Bloomberg

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