Forex news for trading on May 8th, 2017.
In other markets today:
– Crude oil traded higher at $46.47 in after hours trading (up $0.24) on OPEC chatter of oil cut extensions out to 9 months. Nevertheless it is still off the high of $46.98.
The USD moved higher in NY trading and ended the day as the strongest currency of the day. The greenback rose against all the major currency pairs but it was a slow push to highs in the NY session.