Remember That Huge Dollar Surge Last Night?

We mentioned last night that the dollar went briefly nuts against the yen, and that there was some chatter about intervention in the market.

Well… that’s gone, and now if the dollar were to close here, it would be a new closing low against the yen.

That being said, the dollar index is ticking up, and stocks are up, which is, once again, breaking the old pattern.

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