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USD Rallies; Crude Oil Sells Off Overnight

Published July 5, 2017
  • USD is showing strength this morning while gold is down on the first trading day back after the 4th of July holiday
  • Oil is down ~1% on Russian opposition to further OPEC production cuts
  • The Federal Reserve will release the minutes of its June 14th FOMC Policy Meeting this afternoon, with markets hoping for an indication of when the next rate hike will come