$USD correlated Assets Gain on EUR/USD move

 The EUR/USD pair (5 min)

 Copper  (all compare to the Euro in red)

 GLD

USO

And of course, the market...

Why?

Jon Hilsenrath of the WSJ, floated a rumor the F_E_D is considering 'Sterilized QE", for what reason, I have no idea. If QE was truly sterilized, it would add zero liquidity to the market.