James Comey, former FBI director, has given a much anticipated testimony to the US Senate in which he describes a 'disturbing' number of one-on-one meetings with the President, almost entirely centred on the matters of ex-National Security Advisor, Micheal Flynn, Comey's tenure and potential investigations into Russian ties throughout the 2016 Trump election campaign. The ex-director was questioned for many hours and covered several other issues, including the treatment of investigations into Hilary Clinton's emails and President Trump's alleged request for Comey's loyalty. President Trump has today tweeted that he now feels vindicated of any wrongdoing and that Mr Comey has made 'many false statements'. US markets finished up on the day and the US dollar remains strong, showing that the testimony is not being perceived by markets as a significant development at this point.