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The dollar is bouncing back

The US dollar index bounces back after on Tuesday falling to its lowest level since January 2015.

The US dollar index was up by 0.5% at 92.77 at 9:01 a.m. ET.

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The dollar has been in a tailspin since US President Donald Trump's inauguration, falling by about 10%.

After a relatively quiet August, the dollar began to dip again last week following the Fed's annual Jackson Hole conference. And missile launch, after whichsafe-haven assets

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"Recall that the dollar was already selling off before the latest developments on the Korean peninsula. The geopolitical developments accelerated the move, and then the profit-taking was triggered," said

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