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Rabu, 02 Maret 2016

ForexLive Americas FX news wrap: Yen crosses rip higher with risk trades

Forex news for US trading on March 1, 2016:

Markets:

– S&P 500 up 46 points to 1978

– US 10-year yields up 9 bps to 1.83%

– WTI crude up 54-cents to $34.32

Risk trades sizzled in New York. The ISM and construction data was strong and that was a driver but I suspect the beginning of the new month and fresh money going to work was the bigger factor.





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