Forex; the game of movements not the game of candles.
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Equities and the dollar under pressure as political fallout continues for Trump
The political fallout for Donald Trump following his reaction to Charlottesville is suddenly spilling into the markets, with the dollar under pressure and equities selling off. Rumours of that key members of his administration were upset over his response this week and could be close to resignation have further dented any expectation that Trump could achieve anything in Congress. Yesterday the suggestion was that Gary Cohn, an economic advisor and someone that has been touted as a potential successor to Janet Yellen as Fed chair, was ready to quit. This sent US equities tumbling, with the 274 drop on the Dow the ... (full story)
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