Commodity Carnage On Dollar strength

In oil the new most active, July, WTI is down $2.17 at $58.07, a three week low while front month Brent is down $2.06 at $64.21.
The spot dollar index is only up 1.08% at 95.35 while gold is down 20 bucks (1.63%) at $1207.60.

From ZeroHedge:

The surge in the USDollar and "good" housing data has created carnage in commodities. Silver, crude, copper, and gold are all getting hammered this morning as the S&P is unchanged as moar Q€ was trumped by hawkish "good" data...

Crude in particular has broken convincingly below the $59.50 support level...