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Trump Impeachment Inquiry Spooks Markets
The trading dynamics in the currency market suffered a sudden change of heart as news broke out that Democrats have started proceedings for an impeachment of Trump, which led to an extension of the USD weakness, which had kick started earlier on the session as US economic data came of the soft side. Note, so as long as Republicans control Congress, there will be a very high bar indeed for any effort to impeach Trump to gain traction. The main beneficiaries of the convolution state of affairs in Washington when the proverbial hits the fan in equities and bonds gets bought up as protection vehicles included the usual ... (full story)
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