Market Zooming Towards Total Reversal As Stocks Make Gains, And Dollar Gets Hammered Again

A little bit after 4:00 AM we noted how unusual today looked. The dollar was rallying and all the “risk” assets were falling.

But with about 45 minutes to go in the trading day, we’re looking at the opposite. Stocks are up, and the dollar has been on a downward slope all day, perhaps in part thanks to dovey-Fed Minutes.

chart

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.


Tagged In

dollar moneygame-us