The Dollar Is Tumbling

chart

Photo: FinViz

Dovish comments comes from Fed officials have everyone thinking more easing is coming.This has been bad news for the dollar.

After starting the day just above 79.80, the dollar index has sunk to 79.41 quickly. A drop from 79.65 to the current 79.41 happened in mere minutes.

Don’t Miss Our Chart Of The Day >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.