USD/CHF trades to its lowest since January 2015, USD/JPY takes a look at 143

Investors are liking other fiat vs. USD.

• EUR (just hit its highest since July 2023), GBP, CHF, yen all rising.

Gold surging too, its around 3185 as I post.

I posted back in March on Trump efforts that may be directed at removing the independence of the Federal Reserve:

• Is Trump building the foundations to fire Fed Chair Powell and other Fed members?
• “A political Federal Reserve risks weakening the US dollar’s reserve status”

And I updated this a little earlier today:

• More from Fed’s Collins: Financial markets are performing well and remain liquid

To repeat what I posted earlier, this from various social media sources:

Trump’s economic policies are diminishing growth prospects and raising inflation. His other idealogical-driven policies are risking central bank independence.

This article was written by Eamonn Sheridan at www.forexlive.com.