Gary Cohn Resigns, U.S. Dollar Plunges

It was just announced that Gary Cohn has resigned as the Chief Economic Advisor to President Trump.

The U.S. Dollar Index has just plunged on this news with the Japanese Yen benefiting the most and the Euro also rallying big. This news is being viewed as confirmation that Trump's proposed tariffs are now a sure thing, which will hurt Canada and Mexico the most. Therefore, both the Loonie and Peso are collapsing even more than the USD.

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