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Dollar lower as Trump disappoints on policy details

Published 01/12/2017, 02:55 AM
Updated 01/12/2017, 02:55 AM

Investing.com - The dollar fell Thursday as Donald Trump's press conference Wednesday disappointed investors.
Trump failed to elaborate on campaign pledges for a fiscal stimulus package and corporate tax cuts.
Thedollar index fell 0.53% to 101.16 at 02:30 ET. The greenback fell to one-month lows of 114 yen.
U.S Treasury yields fell after Trump's comments. The U.S. 10-year dropped to low 2.3% levels.
The pound recovered the $1.22 mark as BoE governor Mark Carney delivered upbeat remarks on the U.K. economy.
The euro regained the $1.06 level.
The Mexican peso trimmed record lows of over 22 against the dollar as Trump reiterated threats of a "major border tax."

Latest comments

Send this so called journalist over to Buzzfeed and put a quant on this job.
Your comment : Dollar lower as Trump ......... Please do not mislead the traders, Dollar lower is the continuation of the trend in th past few days, as we did expect the continuation Gold up trend.. 90% od your comments are wrong and mislead.. So, whats the point to issue comments every hour or so.
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