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USD Plummets, Stocks Rise as Trump Disappoints Market Anew


Janvier, 12 2017
watermark Economic news

The USD weakened dramatically during the previous trading sessions while stocks surged in value following president-elect Donald Trump’s first press conference since last July, wherein he disappointed a lot of market players after he merely talked about his personal interests and business enemies, including his plans to build a Mexican border in the next two years instead of outlining his administration’s economic and fiscal policies for the next four years. Meanwhile, US Treasuries recovered its losses and the Mexican peso dropped further in value following Trump’s statement regarding US business relations with Mexico.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.