◂ Event Timeline

Aug 27, 2025MACROUS

Dollar makes feeble recovery as worries about Fed independence linger

The dollar made a modest recovery on Wednesday as investors remained concerned about Fed independence after Trump moved to fire Governor Lisa Cook, who plans to sue. USD/JPY rose to 147.93, EUR/USD eased to $1.1614, and the DXY reached 98.47.

WHY IT MATTERS

Doubts over Fed independence and a shaky dollar can support hard-asset and commodity prices over time, but the immediate effect on feed markets is small.

AFFECTSUS Dollar (Broad)◆

SOURCE
tradingview.comAug 27, 2025

Price reaction & history

US Dollar (Broad)◆neutralSO FAR1d +0.2%5d -0.0%20d -0.3%

After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.

Mar 19, 2021Dollar pauses as traders weigh Fed's dovish stance - Markets - Business Recorder+1.1%
Aug 18, 2026Dollar Range-Bound as Markets Await Dovish Fed Response | Finance News-0.4%
Jun 22, 2022Dollar slips as global growth worries fester-0.0%
Jan 28, 2026FOMC decision: Fed firmly on pause, as dollar recovers but gold continues its march higher+0.4%
Feb 23, 2021Dollar bounces off six-week low as traders prepare for Powell - Markets - Business Recorder+0.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

——— · ·

Loading…