Donald Trump is about to become the President of the USA and the world is watching to see his first actions in office, perhaps some executive orders. There is high uncertainty regarding his policies in every field: trade relations with China and Mexico, the bromance with Putin and Russie, his dismissive comments about Nato, healthcare policy in the US and fiscal stimulus, among other topics. Markets are watching as well, but also move in the meantime. The elections in November triggered a major dollar rally on hopes for fiscal stimulus that would lead to higher inflation and consequent rate hikes. The rally was reinforced by the FED in December. January 2017 was already a bit different with some skepticism about the FED as well as worries about Trump, as seen in his angry press conference. Inauguration Day, January 20th, sees a small rise in the value of the greenback. His speech will take place as European markets close and as liquidity squeezes ahead of the weekend. The full reaction is due on Monday. EUR/USD slips back down to 1.0637. It is still above the lows that Draghi’s dovishness triggered. GBP/USD trades under 1.23, also suffering the weak UK retail sales, amid a very turbulent week. USD/JPY is trading above 115. Volatility is quite high in dollar/yen. USD/CAD trades around 1.3350 after the BOC said its word. AUD/USD is around 0.7525, after mixed Chinese data. NZD/USD is trading at 0.7145. More: Trump inauguration: All bets are off [Video] 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 Canadian dollar under pressure following disappointing data Yohay Elam 6 years Donald Trump is about to become the President of the USA and the world is watching to see his first actions in office, perhaps some executive orders. There is high uncertainty regarding his policies in every field: trade relations with China and Mexico, the bromance with Putin and Russie, his dismissive comments about Nato, healthcare policy in the US and fiscal stimulus, among other topics. Markets are watching as well, but also move in the meantime. The elections in November triggered a major dollar rally on hopes for fiscal stimulus that would lead to higher inflation and consequent rate hikes.… 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.
