Dollar Continues To Slide
Treasuries closed
slightly higher, despite the lack of any meaningful economic data.
The US Dollar Index closed lower for the eighth straight day. The Dollar losing
ground against all the majors, with the Euro hitting an eleven month high versus
the Greenback.
Gold climbed to another new contract high, closing at $667.40
Crude Oil futures rise
Crude Oil futures continued to climb, with traders
citing supply concerns relating to Iran as being behind today’s move. June Crude
Oil closed at $74.61, just shy of the recent high.
The softs were mixed, Orange Juice +5.11% was the biggest gainer, followed by
Coffee +3.03% and Sugar +1.02%. Lumber -2.66% and Cotton -1.79% were the biggest
losers.
Economic News
No economic news today
Ashton Dorkins
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