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ForexLive Americas FX news wrap: Oil and services spark turnaround

Discussion in 'Market News' started by ForexLive, Feb 24, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Forex news for US trading on Feb 24, 2016: Markets: - WTI crude up 40-cents to $32.32 - S&P 500 up 9 points to 1929 - US 10-year yields up 2.2 bps to 1.745% Virtually every chart shows a big turnaround in US trading. It came after the weak Markit PMI and a reversal in oil on tighter inventories than suggested by the API report.

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