No support for the greenback shows today. After Donald Trump announced his plans to impose trade tariffs on the EU investors decided to drop greenback and run for their lives as last time Trump announced trade tariffs it was with China and dollar didn’t do so well in the long run. And there are fears that this time it is going to be the same. And it shows in the performance of the greenback right now.
Judging by the chart traders decided to keep away from the greenback. And even though the currency is still holding up it seems that traders are not ready to put their whole faith in the sanity of Donald Trump.
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