Forex news for US trading on May 27, 2016:
Markets:
– S&P 500 up 9 points to 2099
– Gold down $8 to $1212
– WTI crude down 20-cents to $49.49
– US 2-year yields up 4 bps to 0.91%
Most people thought Yellen’s appearance on Friday would be a dud but she delivered a clear-ish message that a rate hike is coming.