{"id":528444,"date":"2010-04-15T08:02:24","date_gmt":"2010-04-15T12:02:24","guid":{"rendered":"http:\/\/www.businessinsider.com\/the-dollar-has-begun-breaking-down-2010-4"},"modified":"2010-04-15T08:02:24","modified_gmt":"2010-04-15T12:02:24","slug":"the-dollar-is-breaking-down","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/528444","title":{"rendered":"The Dollar Is Breaking Down"},"content":{"rendered":"<p>The dollar is breaking down below its 50-day moving average, based on the U.S. Dollar Index, says <a href=\"http:\/\/www.bespokeinvest.com\/thinkbig\/2010\/4\/13\/a-bad-sign-for-the-dollar.html\">Bespoke Investment Group<\/a>.<\/p>\n<p><a href=\"http:\/\/www.bespokeinvest.com\/thinkbig\/2010\/4\/13\/a-bad-sign-for-the-dollar.html\">BIG:<\/a><\/p>\n<p style=\"padding-left: 30px;\">As shown below, the currency has been in a very nice uptrend for quite awhile, but that uptrend is now in serious jeopardy.  Yesterday the dollar initially traded well below its 50-day and then fought back but couldn&#8217;t quite close above it.  Today it briefly traded above the 50-day &#8212; which is now acting as resistance instead of support &#8212; but it failed to hold by the end of the day.<\/p>\n<p>We&#8217;ll need some further signs of U.S. growth plus more Eurozone pain to beat this rut:<\/p>\n<p style=\"padding-left: 30px;\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bc6fcb87f8b9ae356f70200-500-\/chart.gif\" border=\"0\" alt=\"chart\" width=\"500\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/the-dollar-has-begun-breaking-down-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/wpyTBf6sMVM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar is breaking down below its 50-day moving average, based on the U.S. Dollar Index, says Bespoke Investment Group. BIG: As shown below, the currency has been in a very nice uptrend for quite awhile, but that uptrend is now in serious jeopardy. Yesterday the dollar initially traded well below its 50-day and then [&hellip;]<\/p>\n","protected":false},"author":6205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-528444","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/528444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6205"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=528444"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/528444\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=528444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=528444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=528444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}