Markets To Watch Today

Dollar: The dollar is expected to be on the defensive this week on the heels of a record trade deficit and last week's bearish economic numbers. Anticipation of further rate-raising to come out of the March 28th FOMC meeting keeps bears in line. Fed Chairman Ben S. Bernanke is scheduled to speak today and will likely give us clues to future action. The June Dollar Index is trading at 88.72, up .19 as of 8:26 am CST.

Indexes: Commodity-Index traders are likely to be disappointed if they expect returns similar to last year's record numbers. The Goldman Sax Commodity Index has lost over 10% in the month of February. The June GSCI is trading at 440, unchanged for the today's session.