Macro Today – Seeking Alpha

This week has been all about US dollar (NYSEARCA:UUP) strength. This has lead to weakness across all commodity markets as we've seen precious metals, crude oil, and grains give back their gains. It all started in the beginning of the week when the ECB said that it was going to front load its bond purchases this month and next. Wednesday's FOMC minutes seemed to temper expectations for a June rate hike, which caused the US dollar to back off its highs. However, traders renewed their focus on a Greek exit. I really wish Greece would exit the euro and be done with it. I'm really tired of reading about Greece every day.

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