Forex news for US trading on August 28, 2015:
– Lockhart: Markets make him less resolute on rate hike
– Gold up $10 to $1134
– S&P 500 up 1 point to 1989, up 0.9% on the week
The main event was the appearance from Fischer on CNBC. He was more hawkish than expected and that led to some US dollar strength and an initial wave of stock market selling that was later mitigated.
