The financial markets got all excited when Donald Trump won the US elections. Besides monetary easing, another form of stimulus for the US economy was already gathering pace, Trump´s fiscal stimulus.
But after the Christmas holidays, the forex market started getting nervous. All that excitement has vanished now and the market is not sure what it wants. It jumped from excitement when Trump won so the market wants some Trump, but when Trump comes with his plans, the market doesn´t like it.
So from what I have seen thus far, it doesn´t take a genius to realize that the forex market doesn´t know how much Trump it wants.
Too little Trump and the market gets disappointed; too much of him and the market gets scared. The markets are behaving more or less like that woman who sued these two men for "you know what" every day. Then, after they got caught, she asked the bobbies (police) to let them out once a week.
We all want some action; we just don´t know how much of it we want. That´s life and that´s forex, full of dilemmas. No one will ever have it easy in this business.
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