Boris and Kathy Forex Weekly – 14/11/2016 – Crosses

All of the major currencies traded sharply lower against the U.S. dollar this past week with the exception of the British pound. Donald Trump’s victory in the 2016 U.S. Presidential Election caught everyone by surprise but in many ways what was even more shocking was the financial market’s reaction to the news.  Instead of falling, the U.S. dollar soared to multi-month highs as the Dow Jones Industrial Average hit record highs.

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