The dollar has continued to skid lower, with the narrow trade-weighted USD index (DXY) down for a fourth straight day, presently showing a 0.6% decline so far today. The index has logged a 36-month low of 90.39, and only has to breach 90.33 to make it a 37-month low. The dollar has weakened in every quarter last year, and is doing the same for a fifth consecutive quarter, which, if sustained, would mark the first time the dollar has seen losing streak has over five successive quarters since the 2007-2008 period.
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