Donald Trump Inauguration: Will Americans see new rays of hope?

The world will stop to watch Donald Trump Inauguration today.
The world will stop to watch Donald Trump Inauguration today.

Donald Trump inauguration: ‘‘It all begins today! I will see you at 11:00 A.M. for the swearing-in. THE MOVEMENT CONTINUES – THE WORK BEGINS!,” says Donald’s Trump most recent Twitter post.

Today, Donald Trump becomes the 45th President of America. During his campaign, he heavily focussed on making ‘America Great Again,’ but will he leave it more divided? As America embarks on its greatest gamble, the population say that they see rays of hope with Trump. Whilst for some others Trump is nothing more than a riddle.

The world is curious to know what impact Donald Trump will have on Americans…The Trump phenomenon began about a year ago, where the ‘political novice’ cast his magic on the American working-class people. He most noticeably promised coal miners their jobs back, a strategy that was hugely successful resulting in a win over Pennsylvania and Ohio. However, critics say that this is very unlikely to happen with the coal industry in such disarray. He won the hearts of the ‘desperate’ by promising to fix their ‘poor’ situation.

“Get ready because you’re going to be working your asses off,” he said in West Virginia.

In the footsteps of giants, Donald Trump will swear to become the President of the world’s most powerful nation. The Inauguration day is a great moment for Americans, it is a moment in time that captures the world’s attention. Since 1789, the Inauguration Day reminds the world that democracy is a prevailing truth. Donald Trump inauguration today will be ‘beautiful’ as he mentioned earlier this week.

More about Donald Trump Inauguration…

Outgoing President Obama and the first lady will welcome President-elect Donald Trump to the White House for a morning coffee. The outgoing President and his wife will accompany Donald Trump in a parade to the US Capitol for Donald Trump inauguration ceremony. The 45th President of America will be joined by members of Congress, politicians and supporters. Hillary Clinton and her husband will also be present for the ceremony.  It is predicted that around 800,000 to 900,000 people will submerge the nation’s capital. Eight years ago, President Obama inauguration ceremony attracted around 1.8 million people. Interestingly, more than 50 House Democrats have announced publicly that they will not be attending Donald Trump Inauguration and some media revealed that mass protests will coincide the long-awaited ceremony.

What does Trump’s presidency mean for the FX world?

Will Donald Trump Inauguration sink the financial markets?
Will Donald Trump Inauguration sink the financial markets?

There is no dull moment in the world of FX, and 2016 was the proof in the pudding. As everyone stops to watch Donald Trump becoming the next US President, here at Indigo FX we stop to analyse the Forex World….Will the markets react as it did in 2008? When Barack Obama came into power, the buck rallied….However, it’s febrile in the Forex world today…..Trump’s rise to the White House raises questions in the mind of all. Some analysts said that ”Donald Trump will fail and markets will sink.”

Earlier this week, he indicated that he thought the dollar might be too bullish. He said: “If you get better than expected growth in the US, even if the dollar is going up, we saw in the 1980s, you can have a strong dollar and fairly robust growth in the US that will lift the global economy.” Thus, it does not look like the dollar will be adversely affected by Trump’s inauguration. This was further supported by Federal Reserve Chair Janet Yellen on Wednesday when she announced her view on monetary policy for the next few years. Trump’s strategies and his high hopes have so far had a positive impact on the markets….And clearly, the US economy is stronger compared to other developed countries…

Our traders at Indigo FX will keep a close eye on the markets, but it’s safe to hedge ahead as we all know the markets are highly volatile with major events taking place throughout 2017…

Americans are used to watching him on reality TV, but now reality sees him as the head of their country….Those who have been craving for Trump’s cake will know soon enough how sweet or sour it is…and here’s us at Indigo FX wishing you all a Happy Inauguration Day!!!

 

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