XE Market Analysis: North America – Nov 17, 2017

The dollar is lower on reports about the Trump administration having last month been served a subpoena from the special council Mueller requesting documents relating to Russia, according to the WSJ. Separately, the House Judiciary Committee sent a letter to the attorney of Jared Kushner, Trump’s son-in-law and senior advisor, asking for more information about a “Russian backdoor overture and dinner invite.” The narrow trade-weighted USD index (DXY) is presently showing a 0.3% loss, earlier logging a two-session low at 93.52.