This is what is happening on DXY

[Alan Rich Online]

U.S. Index futures slumped.

 

Asian shares declined and the yen strengthened.

 

The U.S Index futures have slumped, meanwhile Asian shares have declined and the Chinese YEN has strengthened after House Republican leaders cancelled a planned vote that would permit higher taxes amid stalled budget talks.

 

The delay in the budget talks is strengthening the US Dollar and the YEN.

 

You can see how all this is reflected in the Dollar Index.

 

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