Home/Forex News Round Up

Trump Continues to Lash Out at Allies

Share Print 0

President Donald Trump lashed out again at U.S. allies Canada and Europe on trade in a Monday morning Twitter post.

The U.S. leader, who is now in Singapore to meet with his North Koreancounterpart, said “Fair Trade is now to be called Fool Trade if it is not Reciprocal,” and called into question the trading relationship between his country and some of its closest allies.

The president also claimed that the U.S. is responsible for most of the cost of the inter-governmental military alliance, the North Atlantic Treaty Organization, to protect “the many of these same countries that rip us off on Trade.”

CNBC

Upbeat Markets Ahead of Busy Week

EUR/USD – Euro Edges Higher in Light Fundamentals Session

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
, ,
Back to Top