The news of all of the Trump reversals is here:
- Trump backing away from tariffs, backing away from firing Powell – will it last?
- Trump says he has no plans to Fire Federal Reserve Chair Powell
- Trump says he is going to be very nice to China, they have to make a deal
US equity index futures and the US dollar are higher on these latest policy reversals from truump.
As I said earlier, go with this but be careful of further reversals to come. We are well accustomed to Trump flip-flopping on policy decisions on a whim. Stay nimble.
The headline driven markets continues.
This article was written by Eamonn Sheridan at www.forexlive.com.
