Trump announced Monday that he has dismissed Federal Reserve Governor Lisa Cook
- Trump did so via a letter posted on his social media
- this is the first time in the central bank’s 111-year history that a sitting Fed governor has been fired
- Trump says he is removing Fed Governor Cook
The response was instant:
- The USD has been slammed lower on the news of Trump moving to fire Fed Governor Cook
- Gold, yen, EUR, CHF all continue to move higher as the US dollar gets Trump-trashed
This article was written by Eamonn Sheridan at investinglive.com.