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US dollar slips slightly yesterday

By Ricky Bean January 5th, 2017

The US dollar (USD) has had some good weeks recently but yesterday saw it slip slightly as data out of the UK and Europe was on the whole positive and ahead of expectations.

Today the current president will address the House and Senate over how to counter Donald Trump’s stated objective of repealing the Affordable Care Act, a cornerstone of his legacy.

Also today we have ADP Non-Farm Employment Change, Unemployment Claims, ISM Non-Manufacturing PMI and Crude Oil Inventories data coming out from the US. Investors will also be keen to see how the market reacts in respect to any further comments made by Mr Trump regarding what 2017 will hold for the US, as Barack Obama completes his tenure as the US president.