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ForexLive Americas FX news wrap: Commodity FX sags, cable dumps

Discussion in 'Market News' started by ForexLive, Feb 16, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Forex news for US trading on February 16, 2016: Markets - US 10-year yields up 2.7 bps to 1.78% - Gold down $5 to $1204 - WTI crude oil down 39-cents to $29.05 It's strange to see NZD/JPY shorts as the best FX trade on the same day that stock markets in the US surged. It's partly due to skews and lagged effects as the US returns from a holiday. The kiwi was especially hit by another weak dairy auction.

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