XE Market Analysis: Trump Talk Dents Dollar

OVERVIEW Markets are still reacting to Donald Trump’s press conference yesterday, where he failed to provide any detail on his plans to boost the economy. The German economy grew 1.9% last year, the fastest pace of expansion in 5 years as private spending rose alongside higher wages and government spending. Eurozone industrial output surged 1.5% in November, and 3.2% versus a year ago, as economies ended 2016 on a strong note.  The ECB minutes from their meeting last month revealed that “a few members” rejected the proposals to extend their Q.E program beyond March. HIGHLIGHT The Dollar fell yesterday, as…

Source: XE news feed
XE Market Analysis: Trump Talk Dents Dollar