US dollar, longer-dated Treasuries slide as Trump escalates attack on Fed; gold rises | Metals Mine

  • US dollar, longer-dated Treasuries slide as Trump escalates attack on Fed; gold rises

    From brecorder.com

    The dollar and longer-dated U.S. Treasuries slid on Tuesday after President Donald Trump announced he was firing a Federal Reserve governor, an unprecedented move that further undermines confidence in the Fed’s independence and U.S. assets. The U.S. currency fell against the yen and euro after Trump said he was removing Lisa Cook from her position on the Fed’s board of directors, citing allegations of improprieties in obtaining mortgage loans and escalating the president’s battle against the central bank. Stock markets in Asia followed declines on Wall Street as the news muddied the outlook for Fed policy and ... (full story)

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Polimini
Aug 26, 2025 4:38am
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the link doesn't say the same thing as the article.
And wouldn't a stupid move like firing someone at the FED drive US treasuries up not down? and they actually went up not down.

what is going on here?
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LightchaserG
Aug 26, 2025 3:53am
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This guy is cooked in his head! At least my Gold trades are doing well.
Just nuts! this guy needs to go.
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Trader#0DBB
Aug 26, 2025 12:44am
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cook is a crook and corrupt. that's gaslighting shhhht news.
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