Forex news for US trading on February 1, 2017
Markets:
– WTI crude up 73-cents to $53.54
– US 10-year yields up 2.5 bps to 2.48%
– Gold down $1.60 to $1209
There were some twists and turns in trading on Wednesday. The early move was US dollar strength on the back of strong ADP and ISM numbers. EUR/USD slipped to 1.0750 from 1.0780 and USD/JPY up to 113.95 from 113.35.