Dollar skid continues as global equity rout deepens

The U.S. dollar is trading lower Thursday, on track to book its third consecutive losing session, as the global equity rout shows no signs of abating.

The ICE Dollar Index, DXY, -0.33%  a measure of the dollar against six of its nearest rivals, is trading down 0.3% to 95.177, a 10-day low. The greenback, which tends to rise in turbulent times, is suffering from political uncertainty as the public battle between President Donald Trump and the Federal Reserve plays out.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte