Forex news for US trading on May 5, 2016:
Markets:
– Gold down $2 to $1277
– WTI crude oil up $0.53 to $44.32 after touching $46.07
– S&P 500 flat at 2050
It was more a day of consolidation than anything else. The euro was one mover as it slid down to 1.1400 but the bulk of the 85 pip decline was in European trading.
