XE Market Analysis: Dollar Weakens as Global Optimism Surges

OVERVIEW

  • Growth in US private payrolls exceeds expectations.
  • Fed minutes show uncertainty about tax cut impact on the economy.
  • UK service sector picks up in December.
  • Eurozone PMIs confirm growth still firming.
  • Global stock markets hit fresh record highs, oil prices reach $68 a barrel. 

HIGHLIGHT