The forex market is currently been driven by politics and the latest US administration-Russia controversy has shaken the US dollar since yesterday evening.
Trump seems to have been losing support and confidence over the past 24 hours and any failures to deliver on optimistic promises could cause further damage to the dollar, and could give other majors some breathing space.
A selection of softer US economic data has halted the dollar's recent bullish trends, and could even force the Fed to reconsider their rate hike timelines for 2017. The coming weeks could be very interesting for the markets.
Keep track of economic events and the market's performance: http://www.yadix.com/forex-trading-community/economic-calendar/
Yadix a leading ECN/STP financial markets broker and provides direct to market order execution to 14 + liquidity providers with precision and lightening speeds, as such, Yadix welcomes all traders and strategies including expert advisors, Day Traders, Scalping and HFT strategies.
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