US mulls exiting NATO – The Telegraph

Sagar Dua FXStreet

United States (US) President Donald Trump said to the United Kingdom (UK) Daily Telegraph that he is strongly considering pulling the US out of the North Atlantic Treaty Organization (NATO). Trump added that he always knew NATO was a 'Paper Tiger'.

Market reaction

No immediate impact of Trump's comments was observed on the US Dollar (USD). As of writing, the US Dollar Index (DXY) is down 0.35% to near 99.50 due to hopes of a ceasefire in the Middle East.

Author

Sagar Dua

FXStreet

Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.

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