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US Dollar Sinks as Investors Sour on Trump Trade

collected by :Irax John

follow the latest news and price for “Dollar “from different sites most famous technicals /Sam Forgione by 2017-01-12 at 13:6

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Dollar tumbles to five-week lows as Trump trade loses steam

Dollar tumbles to five-week lows as Trump trade loses steam*/

– NEW YORK The U.S. dollar hit its lowest level in five weeks against a basket of major currencies on Thursday and was on course for its worst week since November, hit by a loss of confidence in the U.S. reflation trade a day after a news conference by U.S. President-elect Donald Trump.
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Dollar Bulls Say ‘Where’s My Stimulus’ as Trump Fixates on Trade

Dollar Bulls Say ‘Where’s My Stimulus’ as Trump Fixates on Trade*/

– To the currency prognosticators on Wall Street, there’s the Donald Trump that’s great for the dollar, and then there’s the Donald Trump that’s bad for the dollar.
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US Dollar Sinks as Investors Sour on Trump Trade

US Dollar Sinks as Investors Sour on Trump Trade*/

– Talking Points:US Dollar drops after Trump press conference disappointsYen gains as stocks decline, Loonie gains amid crude oil rallyFed-speak may do little to derail “Trump trade” unwindingThe US Dollar succumbed to broad-based selling pressure in the aftermath of a press conference with Donald Trump.
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Gold Surges Above $1,200 as Details-Shy Trump Weighing on Dollar

Gold Surges Above $1,200 as Details-Shy Trump Weighing on Dollar*/

– Metal up around 4% this year as investors pour into fundsGold futures rallied to a seven-week high as investors flooded back into funds backed by the metal and the dollar declined in the aftermath of Donald Trump’s press conference that provided little detail on his economic stimulus plans.
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Currency dealers asked to decrease US dollar price picture-13520-310x165

Currency dealers asked to decrease US dollar price

collected by :Irax John In a meeting with currency dealers on Wednesday, the SBP pressed …