Dollar Off Sharply On Rebound In European Economic Outlook
Dollar index futures are more than 1.6% lower as traders focused on a barrage of economic information suggesting a stronger Europe.
The Swiss franc and British pound surged this morning as the Euro posted its largest gain since the currency began trading eleven months ago.
Coffee is sharply lower, grains are rallying and Nasdaq 100 futures are trading at an all-time high.
From the Implosion-5 List, natural gas and gold are also moving lower.
Here are the highlights around noon Eastern time:
Stock Index and Bond Futures•March T-bonds [USH0>USH0]: +8/32 to 93 21/32
•December S&Ps [SPZ9>SPZ9]: -7.50 to 1431.00
•December Dow futures [DJZ9>DJZ9]: -25 to 11300
•December NASDAQ 100 futures [NDZ9>NDZ9]: +34.50 to 3209.00
Currencies
•December dollar index futures [DXZ9>DXZ9]: -1.63 to 100.90
•December Japanese yen futures [JYZ9>JYZ9]: -.0050 to .9700
•December Swiss francs [SFZ9>SFZ9]: +.0124 to .6415
•December British pounds [BPZ9>BPZ9]: +.0206 to 1.6218
Energies•January crude [CLF0>CLF0]: +.68 to 26.49
•January unleaded gas [HUF0>HUF0]: +.0115 to .7140
•January heating oil [HOF0>HOF0]: +.0100 to .6700
•January natural gas [NGF0>NGF0]: -.056 to 2.275
Metals•February gold [GCG0>GCG0]: -3.8 to 278.3
•March silver [SIH0>SIH0]: -1.5 to 513.0
Grains•March corn [CH0>CH0]: +3 to 204 1/2
•March wheat [WH0>WH0]: +4 1/2 to 247 1/4
•January soybeans [SF0>SF0]: +3 3/4 to 476 1/4
Meats•January feeder cattle [FCF0>FCF0]: +.575 to 85.425
Softs and Fibers•March coffee [KCH0>KCH0]: -8.15 to 135.90
•March sugar [SBH0>SBH0]: +.11 to 6.09