Trump backing away from tariffs, backing away from firing Powell - will it last? ...Middle East

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Trump backing away from tariffs, backing away from firing Powell - will it last?

Trump's latest comments have been met with 'cave in' comments, which, if true, is great news for markets:

Trump says he has no plans to Fire Federal Reserve Chair PowellTrump says he is going to be very nice to China, they have to make a deal

Its very naive to disregard the risk that he flips again in his next set of comments/tweets.

    Stay nimble out here, trump has lost credibility with markets markets due to his acting on iimpluse, his sudden reversals.

    This from Trump now is positive, undoubtedly, go with that for now but take care.

    EUR/USD is lower, USD/JPY is higher, AUD benefitting also

    This article was written by Eamonn Sheridan at www.forexlive.com.

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