It's gone from bad to worse for USD as the combination of talk from Mnuchin, worries about trade and better prospects elsewhere undermine the currency. The dollar lost more than a full cent against the euro, yen and pound Wednesday. Gold soared to its highest level since summer 2016.
USD/JPY fell to the lowest since September; EUR/USD rose to the best level in three years and the pound climbed 250 pips to the highest since the Brexit vote.
Along with that, commodities priced in US dollar soared with gold and oil hitting multi-year highs.
