Former FBI Director James B. Comey testifies before the Senate about his interactions with Trump. The prepared statement was already released yesterday. It was certainly disturbing regarding Trump’s behavior. However, it did not tell us anything we did not know, allowing USD/JPY to rise and gold to fall.
The US dollar needs Trump to be cleared for his agenda to continue: infrastructure, tax cuts and more, leading to potentially higher growth, higher inflation and rate hikes.
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