Dollar index on the verge of falling below 89.00 now
And the meltdown in the US dollar continues. EUR/USD, GBP/USD, AUD/USD, NZD/USD are at session highs on the day while USD/JPY, USD/CHF, USD/CAD are at session lows.
It's one-way traffic and it will stop when it stops. Now's not a good time to be a hero and stand in the way of the market when it is moving at such pace. I've said it here yesterday, don't catch a falling knife. The rout will end when it ends, until then don't bet against it. Trade what you see and what's right in front of you.
