Forex news for New York trading on March 4, 2016
Markets:
– S&P 500 up 6.59 points to 1999.99
– Gold down $5 to $1259
– US 10-year yields up 4 bps to 1.87%
Nonfarm payrolls Friday often disappoints but not this month. The divergence between strong jobs growth and soft wage numbers first led to a US dollar rally and then a total reversal.