The U.S. dollar weakened Thursday despite mixed economic data, with traders focusing on the upcoming Trump inauguration and potential policy shifts.
While retail sales showed modest growth and unemployment claims remained at healthy levels, markets are particularly attentive to Treasury nominee Scott Bessent’s upcoming hearing and the possibility of new tariffs.
The dollar index fell 0.09% to 108.92, while experiencing notable declines against the yen and maintaining pressure on China’s yuan.
Original Source: Reuters
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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