The US Dollar regained some balance and managed to set aside part of the weekly pullback as market participants continued to assess headlines around Trump 2.0.

Here is what you need to know on Thursday, January 23:

The US Dollar Index (DXY) clawed back some gains, although a move above the 108.00 hurdle appeared elusive for the time being. The usual weekly initial Jobless Claims take centre stage, seconded by the EIA’s report on US crude oil inventories.

EUR/USD’s upside momentum lost some impetus in the area of multi-week peaks north of 1.0400 the figure. The European Commission will publish