When the Federal Reserve Chairman faces a presidential onslaught, the dollar becomes the world's largest "emotional barometer"!
Case in point: Trump’s words caused the dollar to plummet!
On April 21, Trump publicly threatened to "fire Powell," calling him a "big loser," and stated, "I want him to go, he has to roll immediately." The market exploded in an instant! The dollar index fell more than 1% in a single day, directly smashing through the 98 mark, hitting a new low since March 2022! Even more outrageous, the dollar fell to a 10-year low against the Swiss franc, and collectively crashed against the euro and yen.
Xiaohu comments: The president and the central bank chief publicly tearing each other apart, the dollar has become a "hostage," this plot is more thrilling than a crypto liquidation!
Are Federal Reserve officials collectively hinting at interest rate cuts? The truth is...
Chicago Fed President Goolsbee: "If the trade war can cease, the door to rate cuts will be wide open!" — Implication: If Trump doesn’t drop his tariff hammer, interest rate cuts? No way.
Fed Governor Waller: "Tariffs will push inflation and unemployment up, but... I still support rate cuts this year!" — Xiaohu is confused: One side has inflation burning, while the other is calling for easing, this operation is too contradictory!
Dallas Fed President Logan: "Be patient! Inflation is not tamed yet" Translation: Rate cuts? Wait a bit longer!
Personal opinion: Is the dollar hegemony collapsing?
A deadly signal appears: The dollar and U.S. Treasury yields are rarely running in opposite directions! The 10-year U.S. Treasury yield surged to 4.42%, while the dollar plummeted 4.7%. The market is voting with its feet: distrust in U.S. policies!
Deep crisis: Trump threatens to interfere with the independence of the Federal Reserve, global funds are wildly hedging against dollar risks! The Swiss franc and gold surge (gold approaching $3400), the foundation of dollar credibility is cracking.
Currently, the market is turbulent, walking alone is lonely, follow me for daily spot potential layouts and bull market strategy layouts. #鲍威尔 #特朗普