Analysis: Economic concerns drive the US dollar index lower, possibly falling below the 100 mark

BlockBeats news, on March 11th, today, US economic anxiety drove the US dollar to a five month low against a basket of major currencies. The US dollar index hit its lowest level since mid October, falling 0.5% to 103.329 at one point. Brad Becher, an analyst at Jefferies, told clients, "We know the trick here. Worries about US growth caused us to drop to 100, and inflation concerns caused us to rebound to 108