Forex news for US trading on February 21, 2017:
Markets:
– Gold down $2 to $1236
– WTI crude up 66-cents to $54.06
– S&P 500 up 14 points to record 2365
The euro broke down below 1.06 but wasn’t able to knock out the January lows. It came close with a session-worst 1.0526 but bounced in part due to misses in the US PMIs from Markit. That triggered a 25-pip bounce in EUR/USD.
