Loading ...It doesn’t make any sense at all right? There are a few ways it makes sense. The Gov’t or Fed MANUALLY jacked up the Dollar on the futures market. They could just make a phone call to Goldman Sachs to buy big dollar long positions.
A reason? To put a heavy weight, drag, or head wind on the naturally sky rocketing Gold price. If that dopey/dollar stayed flat or lower, we may have seen a $200 or much higher gold price.
Another possibly, foreign countries like their currencies cheaper to help their exporting. So TPTB may pushed dollar higher, to inverse all the other currencies LOWER, to give them some psychological help.
Then again? Maybe all the selling of equities caused the dollar to spike higher. When people sell shares the money goes to buying dollars.
Look at that dollar spike. Totally unnatural.
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1