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Daily digest market movers US Dollar continues rising toward multi-month highs

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The fundamental US Dollar uptrend remains intact despite Trump's victory stalling the currency.

The US economy is outperforming other advanced economies and is in a "sweet spot."

The prospect of looser fiscal policy under Trump and limited Fed easing room point to a stronger Greenback.

The US October CPI on Wednesday and Retail Sales on Friday, are this week's data highlights.

There are also plenty of Fed speakers throughout the week including Chair Powell on Thursday.

Growth remains solid in Q4 with the Atlanta Fed GDPNow model's estimate for Q4 GDP standing at 2.5% SAAR.

The New York Fed’s Nowcast model is tracking Q4 growth at 2.1% SAAR.


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