Forex news for US trading on July 27, 2016
Markets:
– Gold up $21 to $1341
– WII crude down 98-cents to $41.94
– S&P 500 down 2.6 points to 2166
– US 10-year yields down 5.5 bps to 1.51%
The Fed decision led to a whipsaw in the US dollar. On the face of it, the headlines were a bit hawkish as the statement upgraded the assessment on the economy and said near-term risks had receded.
