Dollar Breakout Could Call Fed’s Bluff

The chart shows the dollar poised for a breakout that could hold very significant implications for all classes of investable assets — gold, crude, bonds, you name it. It could also shut the pie-hole of the Fed’s soon-to-be-replaced blatherer-in-chief, Janet Yellen, since the last thing America’s world-beating multinational companies want is a rip-snorting dollar — one whose ferocity would only be exacerbated by Fed tightening and/or more empty threats to tighten.