(RNN) - Alex has become a hurricane in the Atlantic.
It is the first hurricane to form in January over the Atlantic Ocean since 1938.
Alex is located 490 miles south of Faial Islands with maximum sustained winds of 85 mph.
The Category One hurricane moving north-northeast near 20 mph, and is expected to increase in speed over the next day or two.
A hurricane warning issued for the Azores.
The Atlantic hurricane season officially begins June 1.