$TRUMP
With every new appearance of former U.S. President Donald Trump, investors' eyes turn to financial markets. Trump is not only a controversial political figure but also has a direct impact on the U.S. dollar, and consequently on currency pairs associated with it, such as the EUR/USD pair.
Historically, Trump's statements regarding monetary policy or the trade war with China have caused sharp fluctuations in this pair. For example, when he attacked the "U.S. Federal Reserve" for raising interest rates, we witnessed a weakening of the dollar and a rise in the euro.
Today, with the possibility of his return to the political arena, traders should take this geopolitical factor into account. His speeches are not limited to public opinion but directly reach the markets, influencing price movements, especially during sensitive times like election periods or global crises.
If you are trading the EUR/USD, keep an eye on Trump’s news, not only as a politician but as an indirect market mover!