The USD Index is up 0.3% this morning driven mainly by EUR weakness.
The USD Index is up 0.3% this morning driven mainly by EUR weakness. The USD Index's break above recent highs (around 8amET) coincided with US equity and Treasury weakness but is having an even more significant impact on commodities.
US Dollar strength...
Led to Bond and Stock weakness in the US...
And a commodity dump..
Charts: Bloomberg
Copyright ©2009-2014 ZeroHedge.com/ABC Media, LTD; All Rights Reserved.
Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage the site: they're updated constantly without notice. Don't poke around on the site without reviewing our Cookie Policy; you expressly agree to our serving cookies unless they're disabled on your browser (instructions included). Happy surfing. Review our notice on Racial Discrimination.
Comments
Log in or sign up to join the conversation.