Forex news for October 18, 2016
Markets:
– S&P 500 up 13 points to 2139
– Gold up $6 to $1262
– WTI crude up 78-cents to $50.72
– US 10-year yields down 2.8 bps to 1.73%
The general theme in New York trading was modest US dollar weakness but it was whippy. The dollar slid after CPI but quickly rebounded, especially against the euro and yen. In the aftermath, the dollar was at the best levels of the day.
