weak data out of the Eurozone and better than expected data out of the US drove the EUR lower once again, although it managed to come off its lows as the day.
The dollar hit a five-week high after Donald Trump announced his tax reform plan on Wednesday.
The outlook remains bright in Europe as both soft and hard data remain strong.
The United States’ trade deficit rose in October due to a decline in exports, a stronger dollar and an increase in domestic demand have limited the amount of exports. Exports slummed almost 2% while imports increased 1.3%. The trade gap soured 17.8% from the previous month.