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Forexlive Americas FX news wrap: Trump takes office

Forexlive Americas FX news wrap: Trump takes office

Markets:Gold up $7 to $2708Canada 10-year yields down 2 bps to 3.28%WTI crude oil down $0.99 to $76.89S&P 500 futures up 0.4%NZD leads, USD lagsThe big move of Day 1 of Trump's second term was a weakening dollar. The dollar fell 50-100 pips across the board after...

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Five things we learned from Trump’s first hours in office

Five things we learned from Trump’s first hours in office

The first market move of Trump's second Presidency was: US dollar weakness.It was a sharp move on a report -- later confirmed -- that Trump won't be initiating any tariffs to begin his term. The main lesson in that -- and I think we've learned this before -- is that...

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Trump memecoin drops as the inauguration unfolds

Trump memecoin drops as the inauguration unfolds

One report says that the wallet that bought $1,000,000 worth of $TRUMP at 18-cents has transferred his tokens to other wallets and completely exited his positions following $TRUMP 's listing on Robinhood. The buyer netted a profit of over $300 million.The memecoin is...

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