Finally some political calm, at least temporary. After the big crash on the Comey memo, we have a greenback comeback. The US Department of Justice (DOJ) has appointed a special counsel to investigate a potential collusion between the Trump campaign and the Russians in the run-up to the 2016 elections. Former FBI Director Robert Swan “Bob” Mueller III was appointed by George W. Bush and his term was extended by Barack Obama. He enjoys high credibility. The move was praised by politicians on both sides of the aisle. The investigation may take a long time and Mueller is known to manage a “tight ship”. He is considered thorough and does not give many interviews. So, the topic could be put to rest for some time. Needless to say, he may reach the conclusion that Trump colluded with the Russians and tried to obstruct justice. He may also reach the opposite conclusion. USD recovers What matters for markets is that at this point, the story might return to the backburner. Putting it aside at least for now may allow progress on what markets want to see from Trump: tax reforms, infrastructure spending, and deregulation After the big crash yesterday, USD/JPY is above 111 once again, trading at 111.30. EUR/USD dropped from the highs of 1.1170 to support at 1.1120. This 1.1120 level worked as a double-bottom back in September. More: EUR/USD: 5 Reasons To Stay Bullish; Where To Target? – ABN AMRO Here is the EUR/USD chart: 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. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next What will wake up the forex markets? Yohay Elam 6 years Finally some political calm, at least temporary. After the big crash on the Comey memo, we have a greenback comeback. The US Department of Justice (DOJ) has appointed a special counsel to investigate a potential collusion between the Trump campaign and the Russians in the run-up to the 2016 elections. Former FBI Director Robert Swan "Bob" Mueller III was appointed by George W. Bush and his term was extended by Barack Obama. He enjoys high credibility. The move was praised by politicians on both sides of the aisle. The investigation may take a long time and Mueller is known to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
