• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

22 April 2025 03:22  |

US Dollar continues bleeding as Trump fights the Fed

The US Dollar Index (DXY) trades deep in the red on Monday, sliding toward the 98.50 region and marking a new three-year low.

The sharp drop follows escalating market concerns over the Federal Reserve’s (Fed) institutional integrity after US President Donald Trump again publicly criticized Fed Chair Jerome Powell and confirmed he is exploring ways to remove him. Trump accused Powell of manipulating interest rates for political purposes in 2024 and described him as “too late” in reacting to economic conditions.

Amid rising global uncertainty and deteriorating confidence in US monetary leadership, Gold surged to a new all-time high near $3,425 per ounce, benefiting from safe-haven demand and a collapsing Greenback.

The broader sentiment remains risk-averse with traders reassessing the Dollar’s long-term reserve status amid unpredictable trade and fiscal policies.

Source: FXstreet

Related News

US DOLLAR

Dollar Closes Best Year Since 2015 With Bullish Bias

The dollar posted a modest decline on the final day of the year, its best in nearly a decade, as long-term options and charts...

31 December 2024 17:05
US DOLLAR

Dollar Ends Three-Day Drop Ahead of US Payrolls

The dollar consolidated following three days of losses as traders awaited US jobs data to gauge the outlook for Federal Reser...

7 February 2025 13:14
US DOLLAR

Dollar Gains as Fed Signals Patience

The U.S. dollar index rose above 99.5 on Thursday, recovering some of the previous session’s losses as investors continued ...

17 April 2025 09:14
US DOLLAR

Dollar Index Hits 25-Month High

The dollar index dipped to around 108.3 on Thursday, starting the year on a subdued note following a strong performance in 20...

2 January 2025 17:36
BIAS23.com NM23 Ai