The president has been trashing Powell for weeks as the central bank chairman has refused to cut interest rates.

The DXY dollar index was higher, and—barring weaker-than-expected jobs data—the dollar could continue consolidating ahead of the July 4 U.S. holiday, ING said.

On the policy front, Lerner thinks the Federal Reserve will cut interest rates two more times this year. Furthermore, the likely passing of the Republican's tax bill, while not significantly boosting ...