ForexLive Americas FX news wrap: CPI runs hot, markets cool off 0 (0)

Forex news for North American trading on September 11, 2020:
Markets:
– S&P 500 up 2 points to 3340
– US 10-yaer yields down 1 bps to 0.67%
– Gold down $4 to $1941
The CPI report was largely driven by a jump in used car prices but the effect on markets was small. Counter-intuitively, Treasury yields declined on the

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European Commission says will consider next Brexit steps after the end of the month 0 (0)

The EU will wait on the reaction of the UK by the end of the month deadline
This, according to the bloc’s executive saying that:
„We are going to wait for the reaction of the UK by that deadline and we will consider next steps once we have reached that particular bridge. And in the meantime we

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EUR/USD sets its sight on 1.1900 again as buyers seize near-term control 0 (0)

EUR/USD moves to a session high of 1.1874
Dollar weakness is partially the story here but the euro is keeping up with gains seen in commodity currencies so far on the session, amid the more upbeat tone in US futures with S&P 500 futures up ~0.9% and Nasdaq futures up ~1.3%.

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