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FX.co ★ Trader’s calendar on November 20: Trump presidency to be boon for USD?

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Forex TV:::2024-11-19T17:34:45

Trader’s calendar on November 20: Trump presidency to be boon for USD?

It is no secret that one of Donald Trump’s past ventures was in advertising. While we are unsure how well the pizzas, mattresses, or suits he promoted performed, the US dollar under Trump’s policies has already risen to its highest levels in the last two years.

Additionally, during his campaign, Trump effectively announced a trade war with the European Union and the United Kingdom. He specifically warned that the eurozone would “pay a high price” for insufficient purchases of American exports.

Meanwhile, the US economy remains stable and is expected to perform even better under the new president. For now, let us examine which macroeconomic reports are scheduled for November 20 and how they might affect the forex market.

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