The USD has had its fair share of weakness this year., the exact opposite of the US Stock Market.
Statistically, Republicans have a weak US and Trump, being a Republican, is of the same belief. Since he was elected I waited for every good opportunity to sell the USD and today is that time again.
The above screen-shot of AUDUSD is but one example of the excellent trades that can be taken.
Here is a bullet point summary
- USD is to be weak this year. I am looking for opportunities to short it.
- FED will weaken USD
- Today's minutes will also weaken USD
Statistically, Republicans have a weak US and Trump, being a Republican, is of the same belief. Since he was elected I waited for every good opportunity to sell the USD and today is that time again.
The above screen-shot of AUDUSD is but one example of the excellent trades that can be taken.
Here is a bullet point summary
- USD is to be weak this year. I am looking for opportunities to short it.
- FED will weaken USD
- Today's minutes will also weaken USD