What else is new at this point?
Dollar pretty much hitting lows against all the other major currencies at this point, extending declines.
When it comes to times like these, fundamentals take a back seat. You can argue all you want about how Mnuchin's comments shouldn't cause such a sharp move or how the Fed will be looking to hike rates etc. But the one thing you can't argue with is the market's momentum.
Right now, that's overriding everything else, and as I said before, it's not wise to get in its way.
