Forex news for US trading on June 28, 2016
Markets:
– Gold down $13 to $1311
– WTI Crude oil up $1.59 to $47.91
– S&P 500 up 35 points to 2036
– US 10-year yields up 2 bps to 1.46%
Britain doesn’t appear to be in any hurry to activate the Article 50 pledge and that’s added a dose of hope to markets. The pound finished 130 pips higher to 1.3355. It had risen as high as 1.3419 early in US trading and then dipped down to 1.3276 at the European close. Late in the day, it caught a bid again as broad sentiment bounced.
