USD dollar rallies as sentiment deteriorates

The US dollar has caught a broad bid in the past 30 minutes.

The mood seemed to turn after the oil report. A quick jump in crude reversed and the rest of the market is going with it. The S&P 500 opened 3 points higher but it's down 7 points now.

Yellen is also speaking and I don't see anything there to change the story. She said that the majority on the Fed see a hike this year but also warned that she's not seeing upward pressure on inflation.