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Dollar See-Saws on Trump Comments

From nasdaq.com

U.S. and U.K. politics dominated currency flows on the first day of trading in the last week of February. One of the biggest event risks this week was suppose to be U.S. President Trump's speech before the joint session of Congress Tuesday evening but he preempted the main event by pre-announcing part of his plans. Investors hoped for details on the President's "phenomenal tax plan," but Trump said no announcements on taxes will be made until after a proposal is developed to replace Obamacare. Instead, he will be focusing his speech on infrastructure and security spending. The President increased defense spending ... (full story)

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