Powell, Donald Trump and Dollar
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Trump, tariff
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There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,
The U.S. Dollar (DXY) rose on Monday while the euro retreated as U.S. President Donald Trump threatened to impose 30% tariffs on the European Union. The greenback was last up 0.14% at $97.99. Dollar weekly moves and key drivers: The U.
The euro briefly hit a three-week low on Monday before partially recovering, while the dollar held steady in a muted reaction to U.S. President Donald Trump's threat to impose a 30% tariff on imports from two of the largest U.