The Key Theme Today Is Rising Rates

The Dollar is building on its recently improved sentiment heading into the final session of the week. The U. S. trade deficit for April was reported at $63.4 billion, less then many predictions. Although the emphasis in the Dollar seems to have switched to interest rates, the burdensome issue of "dual deficits" remains. The corresponding TIC or capital inflow data is due next week on the 15 th . Read More....