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USD: Dollar decline continues

By Ricky Bean December 29th, 2017

Unlike its European contemporaries, yesterday was a busy day in the economic calendar for the US dollar. Of particular note were the latest jobless claims figures which pointed towards a widening trade gap in November. The dollar reacted by dropping to its lowest level in a month versus the euro, while the pound was able to reach a high of $1.345 before settling back to $1.344.