Dollar Drops Most in Nearly Three Weeks as Fed Gets Subpoenas

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The US dollar experienced a significant decline due to the Federal Reserve receiving grand jury subpoenas, raising concerns about potential political interference in monetary policy.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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The dollar declined the most in almost three weeks as the Federal Reserve faced grand jury subpoenas from the Justice Department, reviving concerns over political interference in monetary policy.

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Original article published by Bloomberg on January 12, 2026.
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