1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Forexlive Americas FX news wrap: Euro and oil rebound

Discussion in 'Market News' started by ForexLive, Nov 25, 2015.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,076
    Likes Received:
    1
    Forex headlines for US trading on Nov 25, 2015: Markets: - NZD leads, CHF lags - Gold down $5 to $1070 - WTI crude up 23-cents to $43.10 - US 10-year yields down 0.7 bps to 2.23% The Reuters ECB exclusive was the big story in Europe and it knocked the euro down 120 pips from where it was at the end of Asian trading. The final push came on the U Mich and new homes sales data (or options related buying) as the euro hit a seven month low of 1.0565. it didn't last long and a short squeeze on profit taking into the US long weekend pushed it all the way back up to 1.0640. Last at 1.0619 as the day wound down in quiet fashion.

    Continue Reading...
     

Share This Page