A week ago, the dollar's technical condition suggested there was potential for one more push higher in the correction that began on September 1. However, instead, the dollar fell against all the major currencies and many emerging market currencies as well. The JP Morgan Emerging Market Currency Index rose by a little more than 0.5%. The dollar's decline in recent days met initial retracement targets of its recent advance, and the momentum indicators seem to point to additional near-term losses. Many Asian markets were closed for several days last week, but Europe's Dow Jones Stoxx 600 finished about 1.5% higher, and ... (full story)