Forex news for US trading on April 20, 2017
Markets:
– Gold up $1 to $1281
– WTI crude down 17-cents to $50.27
– S&P 500 up 18 points to 2356
– US 10-year yields up 2 bps to 2.23%
It was a roundtrip for the euro. Polls showing some momentum for Macron helped EUR/USD up to 1.0777 in early European trade but it later made a double-top there and the US dollar caught a bid on more talk of tax cuts from the White House. The top led to selling all the way down to 1.0717, which was nearly flat on the day.
