Should You Trust Donald Trump's Word?
Fundamental analysis
2026-11-11 04:07:32

Donald Trump is the best president in the world and in human history. At least, that's how journalists, media, and news portals treat him. Thanks to Trump, a huge number of people have work every day. The US president manages to give at least five interviews and 20 comments a day on his way to the golf club or aboard Air Force One, and on top of that, Trump actively runs an account on his own social network after being blocked on Twitter and Facebook. One can only wonder how the White House leader finds time to run the country.
Of course, Donald Trump does not personally run the Trust Social account. However, it is clear that a whole team of content managers broadcasts the US president's thoughts. And Trump, as a true businessman, even profits from it. For example, he recently started selling access to earlier posts for $100,000. Now anyone who wants to receive Trump's messages a few seconds earlier than others can buy that opportunity "for only" $100,000. As they say, at a discount.
This week Trump said there is a low probability of new strikes on Iran in the near term — but he qualified that by saying only if talks continue and end with a signed peace agreement. Frankly, if a five-year-old from the nearest kindergarten made such a statement, it would mean the same thing. It is obvious that Trump does not want a renewal of the war with Iran, which cost the Republicans control of Congress. Democrats will never approve a 2027 military budget that Trump originally wanted to direct toward a war with Iran. If talks continue and end with a signed agreement, strikes will not be necessary. The question is what the real probability of an agreement is and what concessions Tehran and Washington are actually willing to make to end the conflict.
Here the answers become problematic because there is no official information. From time to time, leaks suggest Tehran is ready to make concessions on the nuclear issue and that the US is allegedly prepared to lift some sanctions or unfreeze assets before a peace deal. But that information may well be false. Neither US nor Iranian leaders have made statements specifying what progress, if any, has been achieved. And Donald Trump has been promising an end to the war for some eight months now.
Therefore, the apparent easing of geopolitical tension should be considered, first, temporary and, second, fragile. Certainly, where there is smoke there is often fire — talks are probably taking place, and Iran and the US are doing their utmost to reach a deal with minimal losses for each side. But whether they can sign a peace agreement remains an open question.
The EUR/USD pair remains in a downtrend with insufficient fundamental, macroeconomic, or geopolitical support to continue. The global fundamental backdrop for the dollar remains negative, but in 2026, geopolitics first and then the Federal Reserve's hawkish stance provided strong support for the US currency. When the price is below the moving average, short positions can be considered with targets of 1.1108 and 1.1055. Above the moving average, long positions are relevant with targets of 1.1228 and 1.1353. However, the pair first needs to break out of the sideways channel 1.1114–1.1265.

The GBP/USD pair continues an uptrend that could become part of the broader 2022 global trend. Donald Trump's policies will continue to pressure the US economy, so we do not expect long-term appreciation of the US dollar. The year 2026 has so far been positive for the dollar due to geopolitics and inflation, which drove capital to safety and prompted the Fed to return to monetary tightening. However, on the weekly timeframe, the dollar has traded flat between 1.3150 and 1.3780 within a four-year uptrend, supporting expectations of sterling appreciation in the medium term. Consider long positions with targets of 1.3489 and 1.3523 when price is above the moving average. Price below the moving average allows bearish trading, with targets of 1.3245 and 1.3209.
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