Forex news for US trading on October 15, 2014
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– Gold recovers. Up on the day now.
– S&P up 29.62 or 1.49%, Nasdaq up 87.253 or 1.82%
– 2 year 0.592% +4 bp, 5 year 1.330% +6B bp, 10 year 2.016%+4 bp
Traders prepared for the US CPI, Initial jobless claims and Empire manufacturing expecting the worst. The USDJPY was trading near lows. The GBPUSD was trading near the highs.. The EURUSD was suffering on the back of earlier ts that "additional sets of instruments are necessary.