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A sour mood settles over markets, Dollar bid

USD dollar rallies as sentiment deteriorates

The US dollar has caught a broad bid in the past 30 minutes.

The mood seemed to turn after the oil report. A quick jump in crude reversed and the rest of the market is going with it. The S&P 500 opened 3 points higher but it's down 7 points now.

and I don't see anything there to change the story. She said that the majority on the Fed see a hike this year but also warned that she's not seeing upward pressure on inflation.

Yellen is also speaking

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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