The US dollar has slightly declined due to the risk of Federal Reserve independence and the situation in Iran

Affected by the risk of Federal Reserve independence and cautious optimism about the Iran war and peace agreement, the US dollar fell slightly after hitting a six week low overnight. US President Trump has threatened to dismiss Federal Reserve Chairman Jerome Powell from his position if he continues to serve on the board after his term ends. According to media reports, mediators are pushing for an extension of the Iran ceasefire agreement and a second round of peace talks, but progress is slow. The Iranian armed forces have threatened to block shipping in the Persian Gulf, the Sea of Oman, and the Red Sea if the United States continues to block Iranian ports. The DXY US dollar index fell 0.1% to 98.003, and fell as low as 97.832 overnight. (Zhitong Finance)