What was the quick dollar selling about?

There was a quick move lower in the USD. Looking at the 1 minute chart of the EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the EUR/USD is trading at 1.2, it means 1 euro is equivalent to 1.2 dollars. Why the EUR/USD is the Most Popular Trading PairCompared to all tradable currencies, the euro (EUR) is the world’s second most traded currency, be The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the EUR/USD is trading at 1.2, it means 1 euro is equivalent to 1.2 dollars. Why the EUR/USD is the Most Popular Trading PairCompared to all tradable currencies, the euro (EUR) is the world’s second most traded currency, be Read this Term, the price moved from around 0.9870 to 0.9909 in a minute or so and then fell back down and has since moved to a new low.

There was a comment from WH economic advisor Bernstein who said that Pres Biden endorsed the Fed's Policy to pivot. It was then qualified to mean in 2022 and not as a precursor of a pivot to come.

There were similar moves in all the major currencies which will just make for a weird bar in all the major shorter term charts. Him