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Dollar Falls as Trump Calls for Fed Governor Cook to Resign

The dollar fell from a 1-week high today and turned lower on political risks and concerns about Fed independence after President Trump called for Fed Governor Lisa Cook to resign amid a probe into two personal mortgages.

Reuters on MSN · 5h

Dollar falls as Trump calls on Fed's Cook to resign

The dollar fell on Wednesday after U.S. President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, as investors also waited on a speech by Fed Chair Jerome Powell on Friday for clues on interest rate policy.

POLITICO on MSN · 1h

Trump calls on Fed board member Cook to resign after fraud accusation

Board members can be removed only “for cause,” which has generally been interpreted to mean that the president can’t fire them over policy differences.

Dollar Edges Up Ahead of Fed Minutes

Reuters on MSN · 6h

Gold gains on softer dollar ahead of Fed minutes, Jackson Hole summit

Gold rose on Wednesday, buoyed by a softer U.S. dollar, as investors looked towards the minutes of the Federal Reserve's July meeting and the Jackson Hole symposium of central bankers this week for cues on further rate cuts.

Hosted on MSN · 4h

Gold firms as dollar weakens, focus on Fed minutes and Jackson Hole

Gold rose on Wednesday as the U.S. dollar eased, while market participants braced for the minutes of the U.S. central bank's last policy meeting and upcoming Jackson Hole symposium for clues on future interest rate moves.

InvestorsHub on MSN · 10h

Dollar Edges Up Ahead of Fed Minutes; Sterling Gains on UK Inflation Surge

The U.S. dollar saw modest gains Wednesday as investors looked ahead to the release of the Federal Reserve’s latest policy meeting minutes and the Jackson Hole symposium for guidance on the central bank’s next steps.

10hon MSN

A stablecoin boom will force a return to dollar dominance — but not just yet, this strategist says

More supportive of the dollar still, is the impact PineBridge expects from the introduction of stablecoins. Kelly views the ...

10h

Kenya in Talks With China to Convert Dollar Loans Into Yuan Debt

Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to ...

Marketplace1d

Why the U.S. dollar is under threat as the world's reserve currency

Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve ...

3hon MSN

China to reportedly launch stablecoins to challenge dollar dominance

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time, as per a latest Reuters ...

Yuan May Strengthen Past 7 Per Dollar, Top China Economist Says

The yuan may see further gains past 7 against the dollar, according to a top Chinese economist, as debate grows among market ...

Newspoint on MSN5h

Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins

China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...

14h

New Zealand dollar slumps on outlook for further interest rate cuts

ANZ, the Australian bank, said it now expected two further interest rate cuts after the dovish pivot. The New Zealand dollar ...

6hon MSN

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The ...

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