Forex news for US trading on January 9, 2016
– US consumer credit for November 24.532B vs. 18.35B est
Markets:
– Gold up $10 to $1182
– WTI crude oil down $2.06 to $51.91
The theme in the foreign exchange market on the day was pound weakness but it all took place in Asia and European trading. In New York hours the pound moved sideways in a 1.2119 to 1.2180 range with a few trips to either side before finishing near 1.2160.
