Trump policy doubts may hit dollar – IGM

The firm expects EUR/USD to trade at 1.03 in Q2 2017, and at 1.01 by Q1 2018

Donald Trump
Confusion reigns: "Fed and markets hate uncertainty. Unfortunately for both, Trump brings just that" – Tony Nyman


Growing doubts about the efficacy of US President Donald Trump’s fiscal measures could bring the dollar rally to a halt and boost EUR/USD’s prospects, says Tony Nyman, FX fundamentals manager for Europe at Informa Global Markets (IGM).

“We think there will be a departure from the initial Trump-inspired dollar charge. EUR/USD will no longer be a one-way street as there are fresh Trump uncertainties, and this time potential dollar-negative risks are lurking in the back