Dollar Index Continues to Slide; Bond Yields Rise — Market Rotation Underway
ibankcoin.com / Dr. Fly / Jun 29, 2017
Technically, when the dollar weakens monetary policy is easing. Lower rates is conducive with a weaker dollar. The opposite is true when the Fed is undergoing a tightening program, such as now. This usually rings true, but not always.
The dollar index continues to slide, off by nearly 7% for the year. This is precisely what the Trump administration asked for. Well, they got it.
The post Dollar Index Continues to Slide; Bond Yields Rise — Market Rotation Underway appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/06/29/dollar-index-continues-to-slide-bond-yields-rise-market-rotation-underway/
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