The dollar is sliding

The dollar is sliding.
The US dollar index was down by 0.4% at 93.28 at 8:27 a.m. ET.
It has lost about 9% since President Donald Trump's inauguration.
"The US dollar has a softer tone today, and it was that way even for the European PMI," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman, in commentary.
"The greenback eased further after the upside momentum faded yesterday," he continued. "The heavier tone in Asia seemed spurred by a hedge fund manager's