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EUR/USD - Euro US Dollar

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1.0776
-0.0011(-0.10%)
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EUR/USD Discussions

Just wanna hear your opinion guys\": What does the news of suspending the US tarrifs to Mexico (which was released after closed USD market ) mean for the USD? One would say positive sinceit could make the USD stronger, but on the other hand, USD is a safe heaven so a trade war should be positive for USD as well. What kind of move will this event have on the USD in your opinion?
Mexico was helping transport them north! Trump means business. An example is China many manufacturers have left to other parts of Asia so they printed money and injected it to help. We know that is bad. USA trade deficits are shrinking, This is good for USA. Recent News had guests on that had bicycles and other things made in China one was WallyMart. They were moving to VietNam. When news hits that China agrees to stop stealing Intellectual property (Copy Patented goods) , Currency manipulation and dumping goods cheap then expect USA to skyrocket. On other side of things is Europe in declining exports as Global demand starts to slow, Trump also comes into play here as well. With huge buys in the FXE just before this last jump here I expect higher prices and a danger to short over the next 3 to 5 days
Well when he first sent out the message Usdcad shot up an abrupt 60 pips when it was set to go down. Oil lost steam and USD held strong. So the opposite should happen with no tarrifs being enforced, USD continues down .
Dollar is now sell on rallies, this will be a good opportunity to go long around 1.1275
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