IronFX

IronFX Daily Commentary by Charalambos Pissouros | 26/04/2017

US President Trump to unveil an outline of his tax plan. Trump pledged massive tax cuts for corporations & individuals, and a one-time repatriation of corporate cash held abroad at a reduced rate.

If we get something along those lines today, it could prove positive for USD & US equities. However, our view is that there is more scope for disappointment.

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IronFX Daily Commentary by Marios Hadjikyriacos 11/11/2016

Will Trump make the US dollar ‘great again’? Investors keep speculating over the possible effects of ‘Trumpenomics’. They have been betting on higher US inflation, possibly due to more government spending and increased tariffs. Higher inflation means the Fed may have to raise rates faster than previously. This explains USD strength after the election.

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