Dollar recovers on strong US economic news

Dollar recovers on strong US economic news

The Dollar Index (DXY00) rose to a 6-week high today and is up +0.36%. The dollar is rising today thanks to better-than-expected US economic news. Weekly jobless claims unexpectedly fell to a six-week low, and the Fed’s January Empire and January Philadelphia business outlook surveys rose more than expected. The dollar increased its gains today…

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Justice Department defends Trump post, urges judge to reject Comey’s attempt to dismiss case

Justice Department defends Trump post, urges judge to reject Comey’s attempt to dismiss case

WASHINGTON (AP) — The Justice Department on Monday urged a federal judge to reject James Comey’s claim that his prosecution amounts to political retaliation, arguing that the former FBI director has not shown he is being punished for his criticism of the Republican president. Prosecutors defended President Donald Trump’s social media post in September demanding…

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New York Attorney General Letitia James Seeks to Block Trump Administration Subpoenas

New York Attorney General Letitia James Seeks to Block Trump Administration Subpoenas

New York Attorney General Letitia James is questioning the legitimacy of the acting U.S. attorney in Albany as she pushes back against the Trump administration’s investigation into cases she brought against the president and the National Rifle Association, according to court documents unsealed Friday. In August, James filed a motion to block subpoenas issued by…

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US appeals court says Trump can take command of Oregon troops even though deployment is blocked for now

US appeals court says Trump can take command of Oregon troops even though deployment is blocked for now

PORTLAND, Ore. (AP) — An appeals court on Monday stayed a lower court ruling that blocked President Donald Trump from assuming command of 200 Oregon National Guard soldiers. However, Trump is still prohibited from deploying those troops, at least for now. U.S. District Judge Karin Immergut issued two temporary restraining orders earlier this month: one…

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