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Fed Turmoil Weighs on the Dollar and Boosts Gold

Foreign Exchange & Fixed Income

Rich Asplund

·

August 26, 2025

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Barchart

The dollar index (DXY00 ) on Tuesday fell by -0.21%. The dollar was under pressure Tuesday over the Fed's independence and fears about capital flight after President Trump moved to fire Fed Governor Lisa Cook, citing "sufficient cause" based on allegations she made false statements on one or more mortgage...

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