Forex news for US trading on February 14, 2017
Markets
– Gold up $2.50 to $1227
– S&P 500 up 9 points to record 2336
– US 10-year yields up 3.6 bps to 2.47%
Yellen delivered on the volatility front. She was constructive on rate hikes this year without giving anything away on the timing. That was more than enough to send the US dollar 75-100 pips higher across the board.
