“The dollar strengthened to a 2 1/2- year high against the yen, gold led commodities lower and Treasuries fell after the Federal Reserve said it may cut cash infusions this year. European stocks retreated while U.S. equity-index futures were little changed.
The U.S. currency rose against all but one of its major peers, appreciating 1.2 percent to 88.27 yen at 7:30 a.m. in New York. Treasuries fell for a fourth day, pushing 10-year yields to the highest since May, while U.K. gilts and German bunds also declined. Gold dropped 1.6 percent and oil in New York slid 1.1 percent. The Stoxx Europe 600 Index slipped 0.2 percent, while Standard & Poor’s 500 Index futures added less than 0.1 percent…”
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