Did we just see the last gasp for the dollar?
What a weak bounce
The past two days should have been a boon for the US dollar. Instead, even at the peak of the uncertainty in market it couldn't make a meaningful dent in any of the big moves in the past few weeks.
The dollar was already testing some major lows but the last three days can barely qualify as a dead-cat bounce when it should have had everything working for it.
The ECB isn't going to be able to jawbone this move. I don't know what's going to stop it but the path lower for the dollar appears increasingly clear.