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Smoking gun against Trump Junior – USD falls

There is a reason why President Donald Trump trusts his daughter Ivanka over his other children. Donald Trump Junior is in serious trouble, incriminating himself with his response to the revelations by the New York Times. The chances of a Trump impeachment are not still far but they are becoming more real.

And now, they have published an email in which Junior is thankful for a promise to provide incriminating data about Hillary Clinton by the Russian government.

Here is a quote from the article:

The June 3, 2016, email sent to Donald Trump Jr. could hardly have been more explicit: One of his father’s former Russian business partners had been contacted by a senior Russian government official and was offering to provide the Trump campaign with dirt on Hillary Clinton.

The documents “would incriminate Hillary and her dealings with Russia and would be very useful to your father,” read the email, written by a trusted intermediary, who added, “This is obviously very high level and sensitive information but is part of Russia and its government’s support for Mr. Trump.

Trump Junior replied quickly with enthusiasm and the meeting was set for four days later. That was the meeting with the Russian attorney that was earlier reported and was not denied. It also included the then campaign manager Paul Manafort and Jared Kushner, the First Son in Law.

This could be alleged to be evidence of collusion. Donald Trump Jr. received an offer from the Russian government and accepted it willfully.

Update: In a response, Junior published the full email chain:


Will markets react?

Update: We are seeing a small slide in the US dollar. Here is USD/JPY falling from the 4-month highs it reached early in the day.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.