The dollar penalized by speculation around a Powell referral

After falling by more than 1% against the euro, the greenback loses 0.27% compared to the single currency, at 1.1633 dollars, and fell 0.28% against the book, to 1.3422 dollars, around 6:20 p.m. Therefore,

The dollar decreases Wednesday after information. Nevertheless, since denied by Donald Trump, according to which the American president could soon push the boss of the Federal Reserve (Fed), Jerome Powell, towards the exit.

However. Similarly, “the departure of the president of the Fed would question the independence of the central bank,” said Chris Beauchamp, analyst at IG.

Donald Trump has been pressure for several months on the president of the American central bank to lower the rates.

The greenback first fell suddenly after information from Bloomberg published on Wednesday. citing a White House official, according to whom Donald Trump, would have mentioned a possible dismissal from dollar penalized speculation around powell Mr. Powell Tuesday evening at a meeting with the Republicans of the Congress.

“I would not have imagined that he was going to spend 2.5 billion dollars to build a small extension to the Fed. ” the US head of state told the White House on Wednesday. “Is this a reason to justify a dismissal?” I think it can be ”.

During a press briefing, Donald Trump, however, denied this intention, judging that Mr. Powell “does bad job” but that he is “not talking” to dismiss him.

After falling more than 1% against the euro, the greenback lost 0.27% compared to the single currency, at 1.1633 dollars, and fell 0.28% against the book, at 1.3422 dollars, around 4:20 p.m. GMT (6:20 p.m. in Paris).

The dollar thus erases its gains garnered in the wake of the publication on Tuesday of stronger American inflation than expected in June. which has a dollar penalized speculation around powell time pushed back the anticipations of decreasing rates of the Fed.

Production prices in the United States remained stable in June, where the markets expected them to speed up slightly.

Donald Trump also announced Tuesday that he had reached a trade agreement with Indonesia. providing for customs duties of 19%-the 32% of a time mentioned-in addition to the floor level of 10%.