“The Dollar Index rose to the highest level since July 2010 while South African and Australian currencies fell on speculation the Federal Reserve will scale back stimulus measures. U.S. stock-index futures gained while gold dropped.
The gauge of the U.S. currency against six trade partners added 0.7 percent to 84.173 at 8:49 a.m. in New York. The rand sank to its weakest level since April 2009 and the Aussie slid to the lowest in almost a year. Spain’s 10-year bond yield fell eight basis points. Standard & Poor’s 500 Index futures climbed 0.4 percent. The Stoxx Europe 600 Index added 0.1 percent. Gold fell for a seventh day, the longest slump in four years…..”
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