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USD/CHF trades to its lowest since January 2015, USD/JPY tickles takes a look at 143
JPY
CHF
USD
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:
To repeat what I posted earlier, this from various social media sources:

Source: Forex Live