Forex news for US trading on Nov 11, 2015
– S&P 500 down 6.7 points to 2075
– Gold down $3.4 to $1086
– WTI crude down $1.21 to $43.00
– GBP leads, USD lags
US trading dampened by Veteran’s Day but it wasn’t entirely quiet. The oil market was under constant pressure as the API from late yesterday reverberated in a thin market. WTI made a bit of a squeeze to $44.00 early but then was beaten down to $42.62, narrowly above the late-Oct low.