Forex news for US trading on June 30, 2016:
Markets:
– Gold up $3.50 to $1322
– WTI crude down $1.49 to $48.39
– S&P 500 up 24 points to 2095
– US 10-year yields down 3.4 bps to 1.48%
The comments from Carney livened up what had been a ho-hum end-of-month session. Cable immediately fell to 1.3250 from 1.3420 and then continued to fall as low as 1.3206 before bids at the big figure kicked in. A steady recovery has gained momentum late and it’s trading at 1.3315.
