United States (US) President Donald Trump said to the United Kingdom (UK) Daily Telegraph that he is strongly considering pulling the US out of the North Atlantic Treaty Organization (NATO). Trump added that he always knew NATO was a ‘Paper Tiger’.
Market reaction
No immediate impact of Trump’s comments was observed on the US Dollar (USD). As of writing, the US Dollar Index (DXY) is down 0.35% to near 99.50 due to hopes of a ceasefire in the Middle East.
Read the full article here