Against the Canadian dollar, the greenback fell 1.3% to C$1.4295, after earlier hitting its weakest level since mid-December.



Trading volume was lighter than usual due to U.S. markets being closed for the Martin Luther King Jr. Day holiday. Since the November presidential election, the greenback has risen 4% as traders anticipate Trump's policies will boost growth and inflation.

Investors' attention was firmly fixed on the policies Trump will enact on his first day in office. At a rally on Sunday, Trump said he would impose severe limits on immigration.

Some analysts were expecting Trump to invoke the International Emergency Economic Powers Act (IEEPA).
USUAL-5.09%
S-7.7%
TRUMP-4.53%
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GateUser-f848949avip
· 01-24 16:01
nice
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