What’s Pushing The US Dollar Higher?

The only notable winner in
today’s markets was the US dollar, and everything else finished lower.

Equity

Equities declined in the
wake of month/quarter end selling.
The Nasdaq future
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was
down 14.50 to close at 1202.50. The S&P 500 contract
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was down
10.20, at 973.30,
and the Dow
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was down 99 at 8950.

Fixed Income

U.S. Treasuries continued their decline today as investors try
to make sense of the Fed’s directive.
The 10 year futures contract
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was
down 040 to close at 117-020; the 30 year
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was down 14 at 116-21; and the five year note was down 015 at 114-275.
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.

Metals

July gold
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was slightly higher by 1.3
to close at 345.50. Silver
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was down 1.80 at 4.505. Copper was up .50
at 75.65
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, and aluminum
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was up by .0075 to close at
.6475.

Energy

July crude
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was higher by .26 to
close at 29.27, and natural gas was down by .401 at  4.890
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.

Currencies

The USD index
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was higher by .09 and
finished at 95.49, in anticipation of narrowing interest rate diffentials..