Trump Playing the Game to Drop the US Dollar

in forex •  6 years ago 

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Hey guys,

Donald Donald Donald...

US President Donald Trump overnight shocked markets by saying that he's "not thrilled" the US Federal Reserve under chairman Jerome Powell is continuing to raise interest rates.

Like the Fed are intentionally undercutting his political bullshit to grow the economy.

😂😂

"I don't like all of this work that we're putting into the economy and then I see rates going up.”

Well Donald, you are the one that’s contributed to the challenges that the Fed now face. It’s your policies that have seen the Fed forced to continue aggressively hiking.

Yet now you’re publicly complaining? Yeah, I don’t buy that you’re that stupid. Play that game Donald!

Check out the US Dollar Index chart:

DXY Daily

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Is it a coincidence that the US Dollar is at resistance as Trump makes these comments that US presidents never make?

It’s all a game and Trump right now is winning.

✌🏻.




@forexbrokr | Steemit Blog

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Before the tensions with North Korea became... less tense, a simple bot that watched Trump's twitter and shorted USD anytime he tweeted anything containing the words "North Korea" would have made sooo much money.

In terms of fundamentals, it also makes sense that he may be working towards a weaker dollar, since a weak dollar would boost exports.