In a week which saw the release of a plethora of inflation data, minutes from the FOMC meeting and the beginning of the Q2 earnings season in the US, the US Dollar and Gold found themselves particularly vulnerable. A quick glance at the currency and commodity markets show the weakening sentiment dragging down the Greenback & commodity sectors; the Dollar Index dropped -1.75%, EURUSD appreciated 2.50% on the week and touched 1.3000 levels while the GBPUSD pair closed at 1.5301 after gaining 1.50% on the week. Gold gave up $18 to settle at 1193 and the WTI Crude closed just 30 cents lower at 76.01. Perhaps the losses for Crude were at a minimal considering all the buying coming in after a report from the Department of Energy in the US showed a major draw down in crude inventories which hints at an increased demand for crude (Crude Oil inventories showed a drop to -5.508 million barrels v -1.5 million expected).