Daily Morning Report 30.01.2017

Daily Morning Report 30.01.2017

The dollar was lower Monday after Trump imposed immigration curbs citing security reasons.

The greenback was also under pressure as the U.S. economy slowed more than expected in the fourth quarter.

The dollar index was off 0.21% at 100.35 at 02:30 ET. It fell 0.36% to 114.67 yen.

Trading was thin due to the Chinese Lunar New Year with several Asian markets closed.

The immigration curbs heightened fears of an increasingly protectionist stance by the U.S.
U.S. Q4 GDP growth slowed to 1.9% against a forecast 2.2%

The euro and sterling were higher.