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Dollar down on Donald Disappointment; pound does not mind

Volatility is high in markets. The US dollar is making an attempt to recover but the winds have changed against it as trade fears overtake stimulus hope. The pound gapped lower on Hard Brexit fears and then staged a remarkable rally. Can it extend it? The single currency is in the limelight, at least temporarily and so is the Australian dollar with the jobs report and Chinese GDP. The action is likely to continue.

Wrap of the morning show for January 18th 2017:

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.