Risk assets continue to climb on the back of Trump’s triumph as US assets benefit from the likelihood of rising interest rates and planned fiscal stimulus measures. Alongside the rally in the dollar and equities is a strengthening view of the outlook for additional interest rate normalization. Federal Reserve Chairwoman Janet Yellen expressed her less dovish stance during testimony in front of Congress, commenting that the economy had improved and was supported by rising inflation. With an interest rate hike in the cards according to Yellen, the probability of action according to futures markets has edged higher to 95.40%. The result was the US dollar index hitting levels not seen in over 13-years as gold prices edged lower to just over $1200.00 per troy ounce. While optimism prevailed in the US, Europe was fraught with concerns about the pace of recovery. German GDP growth came in weaker than expected as trade faltered while inflation region-wide steadied after rebounding for months. On a monthly basis, consumer prices grew slower than forecast, hurting the outlook and raising the specter of the European Central Bank extending its asset purchase program. The results sent EURUSD to its lowest level since November of 2015.