Here’s Why The US Dollar Finished Higher Today

Stocks managed to eke out
another day of gains while
Treasuries finished today.

Equity

The Nasdaq
future
(
NDU3 |
Quote |
Chart |
News |
PowerRating)
was up 9.00 1254.50. The S&P 500 contract
(
SPU3 |
Quote |
Chart |
News |
PowerRating)
was up 2.80 to close at 990.00, and the Dow
(
DJU3 |
Quote |
Chart |
News |
PowerRating)
was up 29
at 9312.

Fixed Income

U.S. Treasuries were higher today. The 10
year futures contract
(
TYU3 |
Quote |
Chart |
News |
PowerRating)
was down -130 to close at 110-230; the 30 year
(
USU3 |
Quote |
Chart |
News |
PowerRating)

was up by -09 to close at 105-03; and the five year note was up by 0-090 at 111-155
(
FVU3 |
Quote |
Chart |
News |
PowerRating)
.

Metals

August gold
(
GCQ3 |
Quote |
Chart |
News |
PowerRating)
was down by 2.80 at 363.60. Silver
(
SIU3 |
Quote |
Chart |
News |
PowerRating)
was
down by 10.80 at 492.7. Copper was
down by .70 at 79.15
(
HGU03 |
Quote |
Chart |
News |
PowerRating)
, and aluminum
(
ALU03 |
Quote |
Chart |
News |
PowerRating)
was down up by .0040
.6560.

Energy

August crude
(
CL03Q |
Quote |
Chart |
News |
PowerRating)
oil was down by .04
to close at 31.05. Natural gas was down .043 to close at 4.848
(
NG03Q |
Quote |
Chart |
News |
PowerRating)
.

Currencies

The USD index
(
DX03M |
Quote |
Chart |
News |
PowerRating)
was higher by .47 to close
at 96.82 after today’s US economic data suggested that US growth is outpacing
that of most of the world’s other economies..