More Trump comments on the US dollar

From a tv interview

Trump caused quite a stir with the same comment overnight but the fast dollar gains have all but evaporated since. If anything, it’s told us that there’s bigger forces at play and that the market doesn’t believe a word of what the administration is saying.

All these comments may have stemmed the flow of selling for now but I doesn’t look like it’s stopped the trend. As I wrote last night, literally moments before the Trump comments, the 108.50 level could be defining for USDJPY.

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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