The strategies of Donald Trump in political, commercial and economic matters do not seem to sit well with the stability of many countries, nor with the well-being of many nations. However, the forex market and trading investments in currencies or digital currencies are benefiting from the situation of uncertainty and disagreements between the major world powers.
The US dollar continues its course, and becomes the main currency of forex operations. Thus, during these last months and still more strongly during these last weeks, the dollar, along with the yen, the pound, and the euro, has been a star of the forex market: traders are taking advantage of the volatility of the greenback, as a consequence of the tensions between the United States and other countries, to open operations with this currency and obtain profits with the changes in prices.
In addition to the dollar as a strong point in the forex, foreign currency transactions have also been greater than in the rest of the instruments: commodities, stocks, ETFs. After forex trading operations, trading operations in American indices have also been numerous for the same reasons. On the other hand, also transactions between the dollar and crypto currencies have been an option for some traders.
The forex market or forex market is an option that many investors take into account. In general, to open transactions in currency pairs, investors use digital brokers that allow opening operations with leverage and do not require high capital to operate. In addition, they offer information on the financial market and its latest developments so that trading decisions are easier to make.
What is the situation that has led many traders to be aware of the US dollar to invest in forex? The president of the White House decided to put tariffs on some raw materials such as steel and, more recently, on cars arriving in the United States from other countries. Countries of South America and the Asian giant, China, were the main affected but Trump's tariff policies are currently also affecting the European Union, mainly the automotive industry of countries such as Germany.
Many countries have denounced the situation, and all the decisions and measures of Trump before the WTO (World Trade Organization). It seems that the American president is not going to change his mind and goes ahead with his commercial policies. There are many affected countries and now, the latest development, Trump threatens to take the United States out of the WTO. His statements on the WTO have coincided with the renewal of the TCLAN, the United States Free Trade Agreement.
In addition to the possible departure of the United States from the WTO, Trump also plans to increase tariffs for other industries and if this happens China would be the most affected. At the moment, traders take advantage of this situation to trade in the US dollar, although everything points to volatility taking over other American financial instruments if the situation does not subside.
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