Dear Trades, Wayne and friends,
First, I would like to thank you guys for continually educating me on investing. I know this is time consuming and you are doing it selflessly. It is truly appreciated!
My question here is what is happening to the US Dollar? Where is the resistance now? Do you think some large player (e.g., China, Russia, hedge funds) is dumping the dollar and trying to ruin the currency here? After the Dollar broke Trade's initial resistance (20 ema, i think), it looked like it was ready for a run. Now, however, it's crashed beyond belief; much more than a jobs report or somewhat weak economic data should have hurt it. The people around me are panicking, so this is very stressful. Any input would be very valuable here.
Again, thank you!!!
Andrew