Forex news for US trading on May 6, 2016:
Markets:
– Gold up $11 to $1288
– WTI crude up 30-cents to $44.62
– S&P 500 up 6 points to 2057
– US 10-year yields up 3 bps to 1.77%
The US dollar finished strong in the best week for the currency in six weeks. It didn’t look like that at first. Non-farm payrolls missed estimates and the US dollar kicked lower across the board.
