Trumping Forex Movements with Volume Data
There have been many reports of statements or actions made by Donald Trump having an effect on the stock market. Planet Money even built a bot that trades based on the US president’s many Twitter musings. Now the correlation between political events and market movement has been confirmed in the foreign exchange world. As reported by Reuters, Quandl’s partner CLS Group recently published a report on the real-time correlations between significant political acts that took place during Trump’s first 100 days in office and currency market surges. After Trump ordered missile strikes on Syria, for instance, CLS data confirmed a...