Forex news for US trading on January 22, 2016:
Markets:
– Gold down $3 to $1098
– WTI crude up $2.72 to $32.25
– US 10-year yields up 2 bps to 2.05%
– S&P 500 up 38 points to 1907
There’s an old saying that’s perfect for the market this week. When the market trends, it’s like an escalator; when it corrects, it’s like an elevator.
