Loading ...Is This Why The Dollar Is Sliding?
Submitted by Tyler Durden on 07/21/2015 – 10:15 
Stocks, bond yields, and the Dollar suddenly started dropping right as The Fed unveiled its revisions for industrial production and capacity utlization. Already at weak levels, both were revised notably lower, slowing the market’s rate-hike expectations and stalling any hope that the recovery is gathering pace. Judging by the chart below, the June payrolls report was right: snowfall in the summar was indeed much worse than most remember.
But maybe the USD and markets are falling because of this:
http://www.rt.com/business/310321-brics-bank-begins-operations/