Forex news for New York trading on November 1, 2016
Markets:
– WTI crude oil futures $46.81, -s$.06 or -0.17%
– Spot gold $1288, plus $11.27 or +0.87%
– US 10 year bond 1.2874%, unchanged
The US session saw the US dollar move lower – mainly on election fears. Clinton emails continued to surface from Wikileaks with promises for more damaging ones to come before the November 8th election. There was even a false report that Michelle Obama scrubbed her Twitter account of all references to Hillary Clinton. It ended up not being true but such is the minefield of risk that traders face going into the election. Oh…did I mention there is a Fed meeting tomorrow (no change expected) and a key US employment report on Friday? Minefields ahead. Travel at your own risk.
Forexlive Americas Forex new wrap: Election jitters send the dollar lower
