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DXY: US dollar index outlook if Trump fired Fed’s Jerome Powell
- The US dollar index has crashed this year as the trade war continued.
- Donald Trump has continued to criticize Federal Reserve's Jerome Powell.
- The DXY index would crash if the Supreme Court allowed him to fire the Fed Chair.
The US dollar index remains under pressure this week as the market focused on the latest issues between Donald Trump and Jerome Powell. The DXY index traded at $99.38 on Friday, a few points above the year-to-date low of $99. This article explores the potential consequences of Trump firing Powell, including the possibility of a […]
April 18, 2025
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