Trump Declaration of Import Duty Metal, Dollar Drop

in news •  7 years ago  (edited)

Wall Street

shares fell again and the US dollar plunged on Thursday, as President Donald Trump said the United States would impose import duties on iron and aluminum.

The 45-nation US head of state's comments sparked fears that a global trade war would blaze, spurring inflation and US interest rates accelerated above market expectations. As a result, up to the beginning of Asian trading this Friday (2 / March), the price of risky assets is depressed, and the US Dollar is still weakening against most major currencies.

EURUSD

image

USDJPY

image

USDCHF

image

Happy Trading All
use good of money management

Upvote me @rizalfa

image

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by rizalfa from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.