Dollar Index Breaks Key Support As Fed Will Keep the Punch Flowing.
In this report, I cover the early market action from London on Thursday, December 12th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.
Today I will focus on the dollar index and how it looks like the Fed's decision yesterday to keep rates steady and Chairman Powell's statements confirmed there is no end in sight to the inflation of the currency.
My conclusion is that the dollar index will continue to trend lower over the next few years in order to keep the fiat currency house of cards going.
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