Loading ...If the Dollar is taking a big it, we have to assume that’s what TPTB, (thru Goldman Sachs) is what TPTB want. When the innocent “players” move things in an unapproved direction, they get bashed. Dollar up, all others go down. Dollar down, all others go up. Everything is priced in dollars.
Check up the artificial Dollar abrupt run-up in June 2014. At the same time, look at all the OTHER currencies inverted downward. No way in hell that was the free market innocent players responsible for that.
Primary purpose? Economic stimulation (artificial) (needed inflation) for foreign countries. Prior to 2014 USA was getting that.
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=m1
At the end of 2016 TPTB started running the Dollar DOWN, to finally help the domestic US economy, and put the OTHERS on hold. Same as 2014 but opposite. USA now needs economic stimulation. US economy is definitely slowing imo.
Bottom line Dollar bulls are being taught a lesson, being punished, like they do to Gold bulls when they want Gold lower. There WERE times that TPTB wanted gold higher. Note it got $1900 in late 2013.
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1