Wednesday, October 29, 2014 11:29:39 AM
Zerohedge ~ US Dollar Tumbles Ahead Of FOMC
Whether it is European banks (Greece and Italy) plunging again, lower-than-expected crude inventories, or expectations of an uber dovish Fed this afternoon, the US Dollar has suddenly gone bidless against the major currencies.
USD dumped...
Against all the majors...
Decoupling from stocks...
Charts: Bloomberg
Source: http://www.zerohedge.com/news/2014-10-29/us-dollar-tumbles-ahead-fomc
Whether it is European banks (Greece and Italy) plunging again, lower-than-expected crude inventories, or expectations of an uber dovish Fed this afternoon, the US Dollar has suddenly gone bidless against the major currencies.
USD dumped...
Against all the majors...
Decoupling from stocks...
Charts: Bloomberg
Source: http://www.zerohedge.com/news/2014-10-29/us-dollar-tumbles-ahead-fomc
Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
