In brief:
-
First American president to be convicted of a felony
- Guilty on all 34 counts of falsifying business records
- Case centred on hush money payments to porn star Stormy Daniels
- Trump will be sentenced on July 11 at 10am ET.
- Four days later, the Republican National Convention begins.
- Potential sentence: From nothing to up to 4 years in prison
Major FX rates are little changed on the hot news item.
This article was written by Eamonn Sheridan at www.forexlive.com.