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  • Trump is looking at new ways to go after countries that game their currencies

    From cnbc.com

    The Trump administration is assessing the scope of its power to penalize countries whose currencies it believes are undervalued, according to two people with direct knowledge of the review, an effort to fulfill the president's campaign pledge to crack down on what he frequently called unfair trade. President Donald Trump promised to label China as a currency manipulator on day one of his presidency, but has not done so. That process is actually directed by the Treasury Department, which is not slated to release its official analysis of international currency until later this spring. Even then, many analysts are ... (full story)

bla bla bla
Studying and penalizing himself - two things you would not have thought about Trump.
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Thank you, Donald, for helping to turn around my bad trade ;-)
OMG
this means short USD, lol
It's just create another chance to buy USD in the short term now.
sell gbp/usd
I wise man once (recently) said:
"It is important to understand that Trump is first and foremost a negotiator. When he says things, it needs to be understood in this context. It is like a person trying to buy a used car. The dealer asks a certain price, but the potential buyer denigrates the very car she wants to purchase. The bumper has a dent. The paint is scratched. The upholstery is ripped, The car smells. The point is not to whine about the car.

The objective is to lower the price, get a better deal. It is not to express a fundamental truth or signal a policy commitment. Trump’s feint to depart from the one-China policy and subsequent back down seemed to curry favor among Chinese officials, and some suspect that it may have been behind China’s tougher stance toward North Korea."

Thus it goes with "currency manipulation".
buy gbp/usd
This is bullsh.. He is killing market risk sentiment and my USD/JPY long with it. When will this bright gentleman leave the oval office? C'mon fellow Americans, wasn't impeachment designed for such cases?
He's fighting manipulation by manipulating the market
Reward time.
Anyone knows? How many pips of his mouth value just now?
Where is Yellen? Hiding? Taking a nap? Lazy? I thought she knew her job description.
when ppl focused on brexit article 50, may and merkel.. but trump wants in the spotlight also.

way to go trump! let's have some volatility :v
IMHO, Be better off concentrating on sorting out the healthcare reform and immigration ban cockups in his own back yard before messing with international currency markets. I mean its not as if running a $20 trillion national debt is not itself a major currency manipulation.
Just saying..
Quoting Eccles
...It is important to understand that Trump is first and foremost a negotiator. When he says things, it needs to be understood in this context. It is like a person trying to buy a used car. The dealer asks a certain price, but the potential buyer denigrates the very car she wants to purchase. The bumper has a dent. The paint is scratched. The upholstery is ripped, The car smells. The point is not to whine about the car...
Fully agree. I couldn't say it better!
  • Post #18
  • Quote
  • Edited at 11:37am Mar 30, 2017 10:55am | Edited at 11:37am
Quoting Eccles
I wise man once (recently) said: "It is important to understand that Trump is first and foremost a negotiator. When he says things, it needs to be understood in this context. It is like a person trying to buy a used car. The dealer asks a certain price, but the potential buyer denigrates the very car she wants to purchase. The bumper has a dent. The paint is scratched. The upholstery is ripped, The car smells. The point is not to whine about the car. The objective...
Like @TradeGER,, I think your of course right .. thats his psychology... thats what he sees his strength in.
(Art of the Deal etc) But hes not dealing with used car salesmen or even high end Real Estate salesmen.. LoL
He s dealing with some of the smartest negotiators in the world.. That sort of shit wont wash for a second..
IMHO.. Statements like these are just chest beating and window dressing for domestic voters and supporters..
and the muppet media..
apparently............Trump is totally confused
Might Trump be targeting central banks of countries pegging its currency to the dollar😕
Don't get suckered into cnbc news. Don't know who writes their stuff but most is b s.
Quoting Tom81
This is bullsh.. He is killing market risk sentiment and my USD/JPY long with it. When will this bright gentleman leave the oval office? C'mon fellow Americans, wasn't impeachment designed for such cases?
To protect your trade? lol, not sure that is what founding fathers were thinking.
any where trump is head will roll
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  • Story Stats
  • Posted: Mar 30, 2017 9:28am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 23  /  Views: 13,027