Falling oil prices help the US dollar against the obvious commodity currencies and the pounded pound but it is also surprisingly stable against the safe haven euro and yen. After a day of mixed data, the focus of the day is the release of new home sales. Is the US economy growing nicely in Q1? Also GBP/USD remains dramatic after losing 1.40 amid mixed opinion polls.
Wrap up of the morning show for February 24th 2016:
