Thanks Trump, you just tanked the dollar.
>>1950892
GHINA
Does this mean cryptos will soar?
>>1950896
Probably not, but anyone betting against the dollar on Forex just made bank.
>>1950892
Yeah, it wasn't the 8 years of Obama propping the economy up while it's being based on services since production has been regulated out of the country to Mexico and China. Has to be trumps 3 months of presidency
>>1950899
He just said the dollar was overvalued so the dollar just tanked. Pic related, just lost $2k.
it's not trump it's the kikes and there debt scam.
>>1950911
No, if it was the kikes than the EUR would have tanked too. Trump just said the dollar was overvalued and *poof* there goes its value.
>>1950892
Dont thank him yet. There's still a lot more that he will tank before he's through
>>1950892
>2010 + 7
>Still using fiat
nocoiner on suicide watch
>>1950943
>gambling on pump and dump cryptos
>not analyzing foreign markets and investing accordingly
>>1950892
Shorting gold and wondered where the fuck that price spike just came from. Will the Fed increasing their rates help with this?
>>1950941
>since he took power, the dow and S&P have soared
>unemployment is sharply down
>confidence is very high
>all involved in finance are overjoyed the marxists are out of power
>le drumpf
You're on the wrong site, libtard.
>>1950957
>libtard
>the marxists are out of power
>le drumpf
Go and be 12yo somewhere else mate. Seriously, this is not a discussion for kids.
>>1950957
Soft data doesn't equal hard data.
>>1950892
WHAT'S THAT SOFTWARE?
>>1950892
What happened? My algorithm made a nice chunk of change but I'm not sure what caused the move in the first place
>>1950918
If Trump simply saying that makes it to down, then it really is grossly overvalued
This massive debt based house of cards economy can't keep going like this forever
>>1950961
But that's how the financial community views you people; as I mentioned, they're clearly overjoyed about no longer having to suffer your incompetence. And don't pretend that you're over 20, dude. I'd bet some money that you're in the humanities at your local community college and that you've taken your political opinions from the current year man.
>>1950967
All currency is overvalued, not just USD.
>>1950972
Obviously not all, but all the majors.
>>1950892
>Devaluation of the USD
>Help Blue Collar/ Working Class Americans
Trump has to choose one.
Disinflation ought to happen if the fed continues to ease accommodations and unload it's balance sheet.
>>1950980
http://www.zerohedge.com/news/2017-04-12/wells-fargo-tumbles-lowest-november-after-buffett-dumps-9-million-shares
http://news.morningstar.com/all/market-watch/TDJNMW20170412618/update-trump-comes-around-to-the-sound-of-the-phrase-strong-dollar.aspx
Prepare for USD to drop more.
>IT WAS LE DRUMPF
>NOOKLEUR KODEZ
>>1950892
so do I buy dollars now and bet on them going back up?
>>1951128
Honestly I'd wait until the banks tomorrow release their earnings. There's a chance USD will drop even more if their earnings aren't as good as expected.
But in general, #BuyTheDip
article on what exactly he said?
>>1951130
https://www.wsj.com/articles/trump-says-dollar-getting-too-strong-wont-label-china-currency-manipulator-1492024312?mod=e2tw
>President Donald Trump said Wednesday the U.S. dollar “is getting too strong” and he would prefer the Federal Reserve keep interest rates low.
>“I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me. But that’s hurting—that will hurt ultimately,”
> “Look, there’s some very good things about a strong dollar, but usually speaking the best thing about it is that it sounds good.”
>“It’s very, very hard to compete when you have a strong dollar and other countries are devaluing their currency.”
it seems kinda obvious when you think he might be starting this stuff off with syria and n korea to try and have an effect on the currency which it never really materialised so he comes out with this
>>1951156
He wanted to start wars with other countries to lower the value of USD, and when that didn't work he just decided to say it's overvalued? What?
who /66pips/ here as well
holla holla get dolla
>>1951156
>>1951191
Still holding on to my EUR/USD short and USD/JPY long... down ~$2500 on EUR/USD and down ~$3800 on USD/JPY.
Up ~$3300 on AUD/USD though.
>>1951541
AUD/USD just spiked, sold at 0.75638 for $5,930.