PANews, July 17 - InTouch Capital Markets market strategist Sean Callow stated that any move by the Trump administration to dismiss Federal Reserve Chairman Powell could severely impact the dollar. This action could lower short-term yields due to market expectations of appointing a more dovish chairman, while increasing the risk and inflation premium of long-term U.S. Treasury bonds. Currently, there is no historical data to reference for assessing the forex market's reaction, but he added that in the long run, the dollar index DXY could easily decline by more than 5%.