Forex news for New York trading on August 31, 2016:
Markets:
– S&P 500 down 5 points to 2171
– US 10-year yields up 1 bps to 1.58%
– WTI crude down $1.59 to $44.76
The calendar was busy on Wednesday and it started with some hawkish comments from Rosengren that put a bid under the US dollar as New York was arriving. The main event was ADP though and it left markets without any answers as it virtually met expectations.
