Dollar Erases Mnuchin Massacre On Safe-Haven Surge

With all the jawboning of the last two weeks having failed, all it took to erase US Treasury Secretary Steve Mnuchin's dollar massacre was the biggest VIX spike in history and the biggest Dow points collapse ever...

Quite an impressive move...

But context is key..

 

Treasuries and gold are down (in price) as the dollar jumps.