Forex news for New York trading on January 24, 2016:
– S&P 500 touches intraday high and closes at record high
Markets:
– Gold down $8 to $1209
– WTI crude up 35-cents to $53.10
The US dollar was generally strong as the market cheer tighter inventories in the existing home sales report and another day without any mishaps in the Trump administration. It was a slow grind higher in USD/JPY up to 113.80 from 113.00 as yields and stocks moved higher.
