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Trump’s Escalating Feud With Jerome Powell Shakes Currency and Gold Markets
Market Intelligence Analysis
AI-Powered
Why This Matters
The US dollar has fallen and gold prices have risen following an escalation in Donald Trump's feud with Jerome Powell, with the President launching a criminal investigation into the Federal Reserve and its chair.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The dollar sold off and gold rallied on Monday, after Donald Trump ramped up his assault on the Federal Reserve by opening an unprecedented criminal investigation into the central bank and its chair, Jerome Powell. The US dollar fell some 0.36 per cent against a basket of major currencies, while the spot rate of gold climbed as much as 1.9 per cent as traders digested the President’s most dramatic salvo of a long-running feud with the Fed and its chair. Powell revealed that the US Justice Department had served the Fed with grand jury subpoenas…
Original article published by
OilPrice.com
on January 12, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.