Fed's Cash Flood, Trump's Fed Pick: Dollar Slides

The US dollar faces pressure as the Fed injects liquidity, with markets anticipating a new Fed Chair and potential policy shifts. The euro gains on ECBs dovish stance, while the dollar slips against the yen due to Japanese intervention. Gold and silver surge to new highs, driven by Feds cash infusion, geopolitical tensions, and central bank buying.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.