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USD: dollar continues to benefit from Trump’s victory

By Ricky Bean December 29th, 2016

US markets began trading on Monday, and the respected Conference Board Consumer Confidence index came in higher than expected. Clearly, the ‘Trump Boom’ shows no sign of slowing in the short term.

Yesterday we also saw US pending home sales which showed that activity declined to a 10-month low.

Today we have the goods trade balance and crude oil inventories for the US as well as some low-impact jobs data.