Yohay Elam Blog | Did Trump end the greenback end its comeback? | Talkmarkets
Contributor's Links: Forex Crunch

Yohay Elam has been into forex trading for over 5 years, and shares the experience and the knowledge accumulated after taking a short course about forex. Like many forex traders, Elam has earned the significant share of his knowledge the hard way. Macroeconomics, the impact of news on the ... more

Did Trump end the greenback end its comeback?

Date: Wednesday, May 17, 2017 7:50 AM EST

Things are not looking that great in the US economy and the dollar begins letting it go. However, the main culprit regarding the dollar’s fall is the US President. Every day is followed by a new revelation, with the FBI firing and the disclosure of classified data hurting. Other major currencies are stable but also feel some pressure. And for a change, commodity currencies are enjoying a recovery, rising with the price of oil on hopes for an extension of cuts. Commodity currencies remain in the limelight with the Australian jobs report ant the Canadian inflation data. And of course, we have top-tier UK data coming up.

Wrap up of the morning show for May 17th 2017:

Video length: 00:04:04

 

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