Bonds Bid As Fed Minutes Spark Little Reaction Across Markets

A modest selloff in the dollar (EUR/USD >1.11) is about the biggest reaction so far to the Fed's Minutes.

A modest selloff in the dollar (EUR/USD >1.11) is about the biggest reaction so far to the Fed's Minutes. Bonds are rallying very modestly and gold lower but for now it appears the headline-reading algos are as confused as The Fed...

 

Crude is chopping around into the NYMEX ramp.

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