Dollar wallows near 3-year low as Trump's attacks on Fed chief unnerve traders

Contributing sentiments towards policy:

24% : On Friday, White House economic adviser Kevin Hassett said the president and his team were continuing to study whether they could fire Powell, a day after Trump said Powell's termination "cannot come fast enough". Trump's onslaught comes after Powell last week said the central bank can afford to be patient in judging how to set policy, and that rates should not be lowered until it is clearer U.S. tariff plans won't stoke persistently higher inflation.
22% : "It may take another sell‑off in the U.S. government bond market or U.S. equity market to encourage President Trump to refrain from such comments.
13% : "There's this terrible stalemate" between Trump and Powell, fomenting "concern that there will be some sort of action taken to replace Powell, which would create a real panic in the dollar," said Eric Kuby, chief investment officer at North Star Investment Management.
5% : Trump ramped up his criticism of Fed chief Jerome Powell on Monday in a Truth Social post, calling him a "major loser" and demanding that he lower interest rates "NOW" or risk an economic slowdown.

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