The U.S. Dollar closed lower across the board with no sign of a let-up in this trend. Last week’s mini rally triggered by Bernanke’s comments about a tighter monetary policy have been erased.

Intervention by other central banks to control the rise in their currencies may be the only way to combat the fall in the Dollar. The New Zealand, Japanese, Canadian and Euro Zone central banks have expressed the most concerns about the rapid rise in their currencies. Can a concerted intervention be in the offing in the near future to boost the Dollar?

Divergence between Dollar Index and Gold could be a sign the Dollar is bottoming and Gold is topping.  Who is holding enough Gold to break this market?