Updates
March 11, 2013: The original post noted that the price of oil rose despite a strengthening dollar, something generally not seen. A couple of folks asked about reasons for the strengthening dollar which was not the point of the post, and I don't plan to go down that road. However, today CNBC has an article on the reasons behind the stronger dollar. It's pretty light on any significant analysis but it is what it is. For those who are interested.
Original Post
2:30PM Dollar Jumps to Seven Month High: 10-yr: -14/32..2.051%..USD/JPY: 95.87...EUR/USD: 1.3009: The U.S. Dollar Index surged to session highs near 82.90 following this morning's jobs, and despite giving up some of its gains still remains on track to close at its best level in seven months. Action has held between 82.70 and 82.90 following the strong report as neither bulls nor bears have been able to gain control at the level.
2:29PM Crude oil futures are surging higher here and just pushed above the $92 level; Apr crude is now +0.4% at $91.92/barrel
