USD falling away a little on the Trump ” bid to undermine Fed Chair Powell” WSJ report

Info here: Wall Street Journal: Trump considers naming next Fed chair early – bid to undermine Powell

Wall Street Journal reports that Trump may accelerate naming a successor to Federal Reserve Chair Powell

• either this summer, September or October
• this might allow the chair-in-waiting to influence investor expectations ahead of the end of Powell’s term

FX has jumped against the USD.

EUR, GBP, AUD, NZD, NZD, CHF all up, CAD also.

EUR/USD update:

This article was written by Eamonn Sheridan at www.forexlive.com.