The dollar index (USDX) closed below the critical support level of 75.00 today – during the trading day, as well as the calendar day. Keep an eye on the chart below for the next several days.  

With little support between 75 and 72, it would be very interesting to see how the market reacts. Especially when government like China come out and say U.S. fiscal policy threatens the global economic recovery, especially since this comment came right after China talked about keeping the yuan strong rather healthy.

Related posts:

1. Dollar Doom Once Again
2. The dollar drops 1.17%
3. Analysts See No Bottom to the Dollar
4. Worries rise about dollar slide…
5. China Is Already Dumping the Dollar – Niall Ferguson, Harvard business and history professor