The U.S. Dollar Index sat on support…waiting for the inevitable reason to rally or sell-off as the market finally got to react to the long-awaited NFP release - 18 days late. The support from 2012/2013 was the line in the sand; knowing what the Fed now has in their hands regarding a miss in NFP (148k actual versus 182k consensus) it’s just more reason for the downtrend in the U.S. Dollar Index to persist. The evidence of the downtrend has been in place and confirmed convincingly in front of this NFP release however, even IF the number had come in stronger than the 182k consensus, I still don’t think the 81.00 could ... (full story)