empty
 
 

2017.05.1705:28:00UTC+00Fxwirepro: Havens in Demand As Trump Administration Struggles to Fight Media’s Russia Allegations

As the Trump administration continues to fight media allegations of collusion with Russia or passing on sensitive information to Russia, the financial markets became jittery of the latest allegations. The Washington Times reported earlier this week that president Trump shared sensitive information with the Russian foreign minister Sergei Lavrov that compromised national security and undermined the trust of the ally which gave the information to the United States. Right after that, yesterday, New York Times reported existence of a memo written by the former FBI director James Comey that reportedly suggest that President Trump urged the director to end investigations on General Michael Flynn.  The White House has denied both the reports.

However, that didn’t prevent the financial markets from felling nervous over these issues and more importantly the intense internal political battle in Washington that may cloud other agendas of the Trump administration.  The most popular safe haven currency, the Japanese yen is up 0.8 percent since last week.  The yen is currently trading at 112.5 per dollar. The safe haven commodity gold is up 1.3 percent since last week and currently trading at $1244 per troy ounce.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback