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Impact of President Trump First 100 Days on Forex Market – 29 April 2017

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The currency market have experienced highest records of transactions during the first 100 days Presidency of President Trump as a result of his new revision of some major financial subject.

Prime financial companies that provide settlement services in the foreign exchange market believe that President Trump and his administration have great impact on bumping transactions up by haunting news headlines

Renegotiation of NAFTA – 27th of April 2017

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Despite of previous address regarding NAFTA (North American Free Trade Agreement) termination, President Trump agreed to negotiate with President Peña Nieto and Prime Minister Justin Trudeau for a better and stronger agreement for all three countries.

The two-decade old agreement needs swift reconsideration by the three leaders to prevent the White House intention from withdrawing. Last week news revealed that the White House has prepared a draft to notify the United States withdraw from NAFTA. This Draft would give Canada and Mexico a six-month notice of exit from the agreement by United States.