The first steps of Donald Trump on focus for the investors
|The forex market in the next couple of days expects the first steps of the new president of United States. As overall the steps of Donald Trump is to restart the U.S. economy and cut the unemployment. If he executes his words in action the dollar probably very fast will go to parity with the euro.
The fundamental news may not influence so much this week over the forex trading. The trading idea this week after 4 losing weeks for the dollar is stop of the process and slowly recovery of the dollar. Although that the trend remains bullish at the mid of the week we expect that end. We recommend using the moment to close any long positions and change into short.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.