In more good news for the dollar, the Treasury's big three-day auction this week of $29 billion in government notes was well received.
Over the last few months, several big auctions have been held to sell properties that were not doing well on the regular market.
Total estimates for sales are higher than they have been since May 1990, the last big auction season before the art market crashed six months later.
The rally came the day before the Treasury is scheduled to announce the size of its big quarterly auctions next week.
When we start negotiations tomorrow, it will be the biggest auction yet.
Even when the market is calm this big auction can upset the apple cart.
July and August are when they travel the world, trying to get property to sell for the big auctions in November.
Or perhaps to New York, the site of its biggest auctions.
Commission officials said the first big auctions would not take place until late this year or early 1995.
I decided to go to Onsale, the biggest on-line auction for computer equipment.