Is This The “Death” Of The Dollar?

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.

20151014_USD_0

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

20151014_USD1

Charts: Bloomberg

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.