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
via Zero Hedge http://ift.tt/1s8bTUr Tyler Durden