Forex news for trading on May 16, 2017
In other markets today:
– US stocks mixed. Nasdaq up 0.33%. S&P down -0.07%. Dow down -0.01%
– US bond yields are lower. 2 year 1.2987%, unchanged. 5 year 1.8467%, -1.49 bps. 10 year 2.323%, -1.9 bps. 30 year 2.989%, -1.6 bps
The US dollar started the US session lower but mixed against the major currency pairs. In the NY session, however, the declines in the greenback accelerated and the pair is ending the session as the weakest currency in trading today. The greenback fell against all the major currency pairs with most of the losses coming against the CHF (-1.11%), EUR (-1.02%) and JPY (-0.67%). The declines against the other pairs were more modest with the USDCAD down -0.29%, the AUDUSD down -0.23%, the GBPUSD down -0.19% and the NZDUSD down -0.06%.
Forexlive Americas FX news wrap. Dollar the weakest of the major currencies today. Housing weaker.
