Dollar Strength Prospects Amidst Shifting Currency Trends | BDSwiss Market Moves on MT4

-US Election President Trump will be allowed to be a candidate during the upcoming election. The US High Court has now revoked the decision, which had been made in December last year. Trump will hence be allowed to take part in the pre-election taking place in Colorado. During his previous Presidency, Trump had been convicted of being part of the storm on the Capitol. According to the newest court ruling, candidates who take part in general elections can’t be excluded in certain states of the US. This would be particularly important for a Presidency. -Stock Markets According to JP Morgan’s Marko Kolanovic, markets might be on track in forming a bubble. In particular, Bitcoin’s recent sudden rise in prices above the USD level as well as equity prices rising sharply would indicate that a bubble has been forming. Investors might be hence better off evaluating the current developments and protecting their trades if possible. -AI Chips US chip manufacturer AMD is facing setbacks with the US government. Certain chips, which can be used for AI computing are supposed to be sold to the Chinese market and would remain too powerful. A license for export from the Commerce’s Bureau of Industry and Security would be needed. The US government and others have imposed laws to prevent companies from selling special equipment of AI-capable chips to China to prevent them in particular for military use. -Market Talk The weakness of the Dollar might come to an end as current trading suggests. The EUR is not heading towards higher levels currently and in particular the AUD has stopped from heading higher. As equity markets start to weaken slightly, a correction could be underway. Silver and Gold prices have moved towards higher levels and look well-bid. BTC remains in a sideways pattern currently, whereas ETH is running higher. It is worth noting that oil prices have started to weaken and the market looks bound for lower levels for now. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.