Forex news for December 11, 2015:
– Gold up $4 to $1075
– WTI crude down $1.48 to $35.29
– S&P 500 down 40 points to 2012 – lowest since Oct 15
– US 10 year yields down 10 bps to 2.13%
Risk trades were hammered as a major flight to safety grabbed hold of the market. The US retail sales report was a major focus going into the day but it turned into a non-event.
