Donald Trump's impact on the Forex market is significant. As the 45th President of the United States, his economic policies, political actions, and rhetoric influenced currency values and market sentiment ¹. Key Areas of Influence: - _Economic Policies_: Trump's protectionist trade policies and tax cuts affected the US dollar's value. His stance on trade agreements, tariffs, and economic nationalism created uncertainty, leading to market volatility ¹. - _Market Sentiment and Uncertainty_: Trump's unpredictable nature and controversial policies introduced uncertainty, causing fluctuations in currency pairs. His tweets and public statements often moved markets, making traders react to changes in market sentiment ¹. - _Interest Rates and Monetary Policy_: Trump's views on interest rates and the Federal Reserve's independence impacted market expectations. His comments on the Fed's decisions influenced the US dollar's value and shaped monetary policy ¹. - _Geopolitical Risks_: Trump's foreign policy stance, particularly on trade and national security, raised concerns about geopolitical risks. This affected currencies tied to regions impacted by his policies ¹. Historical Impact: The 2016 US Presidential Election saw a sharp rally in the US dollar following Trump's unexpected victory. This was driven by expectations of tax cuts, deregulation, and increased government spending ¹. Similarly, the 2020 election led to heightened volatility, with traders reacting to the uncertainty surrounding the results ¹. Current Impact: As the 2024 US Presidential Election approaches, Trump's potential win could influence global trade, the dollar, and oil prices. A Trump victory might lead to increased protectionism, affecting trade agreements and currency values ². Keep in mind that the Forex market is highly volatile and influenced by multiple factors. While Trump's impact is significant, it's essential to consider other market drivers and economic indicators when making trading decisions.