Forex news for New York trade on January 20, 2017:
Markets:
– Gold up $3 to $1208
– WTI crude up $1.05 to $52.42
– US 10-year yields flat at 2.47%
– S&P 500 up 7.6 points to 2271
There’s a new man in the White House. Donald Trump took the oath of office and delivered a campaign-style speech where he attacked the Washington establishment. The US dollar wobbled lower but quickly recovered. He didn’t single out any person or country and that was one of the tail risks coming in.
