XE Market Analysis: Dollar Rises on Trump's Tax Talk

OVERVIEW  Chinese trade data for January was much stronger than expected, as imports rose at the fastest pace in four years, which is an encouraging start to 2017 for the world’s largest trading nation. U.K. manufacturing production jumped 2.1% in December, and industrial output rose 1.1%, adding to robust consumer spending and service sector activity.  U.S. import prices rose more than expected last month but stripping the impact of energy, prices fell as the strong Dollar continued to bear down on underlying imported inflation.

Source: XE news feed
XE Market Analysis: Dollar Rises on Trump’s Tax Talk