With less than 24 hours to go before Donald Trump becomes the President of the United States, investors are dumping dollars ahead of the inauguration as they worry about the new President's trade and currency policies...
EUR/USD: u-turn after ECB-led selling, Trump's inauguration main focus
Pound finds support in USD weakness, UK retail sales up next
USD/JPY fails to hold above 115.00, Trump's inauguration next focus
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QUOTE OF THE DAY
Last month, Draghi acknowledged that deflation forces were almost vanquished. He can extend this analysis a little, but it may not yet be time to change the balance of the outlook quite yet. Still, there may be scope for another type of concession to the more hawkish contingent: the reference that rates will remain low or lower can be modified to suggest less risk of a lower rates."