Created
: 2025.08.21
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Fed's Cook intends to fight allegations by Trump team
Breaking news
Fed's Cook intends to fight allegations by Trump team
New
2025.08.21 08:22
2025.08.21 08:22
2025.08.21 08:22
Federal Reserve (Fed) Board of Governor member Lisa Cook responded late Wednesday to accusations from people within the Trump administration, including President Trump himself, who accused the Fed policymaker of violating financial regulations around mortgage filings. US Prresident Donald Trump called for Lisa Cook to resign from her post at the Fed immediately, a telltale sign that Trump is likely looking to replace more Fed members with voteholders who will be more acquiescent toward steep, and early, rate cuts, regardless of economic conditions.
Key highlights
Cook is gathering accurate information to provide facts.
Has no intention of being pressured to step down.
Will take questions on financial history seriously.
Will to answer any legitimate questions and provide facts.
Last updated
: 2025.08.21
Related articles
Fed's Cook intends to fight allegations by Trump team
2025.08.21 08:21Dow Jones Industrial Average stumbles after tech stocks take a fresh hit
2025.08.21 02:57USD/CNH: Likely to trade in a range between 7.1800 and 7.1950 - UOB Group
2025.08.20 20:31Dow Jones futures slip ahead of retailers' report, FOMC Minutes
2025.08.20 17:42Dow Jones Industrial Average grapples with fizzling tech rally
2025.08.20 02:42USD/CNH: Likely to trade in a range between 7.1780 and 7.1950 - UOB Group
2025.08.19 19:44
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
NZD/USD weakens below 0.5850 on dovish RBNZ cut
The NZD/USD pair loses ground near 0.5815 during the early Asian session on Thursday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) delivered a rate cut and left the door open for further moves lower.
New
2025.08.21 09:52WTI rebounds above $62.50 as US crude inventories fall more than expected
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the early Asian trading hours on Thursday. The WTI edges higher as US crude oil inventories fall more than expected.
New
2025.08.21 09:13GBP/USD extends backslide into a third straight day
GBP/USD took another leg lower on Tuesday, falling around three-tenths of one percent and skidding into key moving averages.
New
2025.08.21 09:04USD/CAD holds steady above 1.3850 amid rising odds of BoC rate cut
The USD/CAD pair trades flat near 1.3870 during the early Asian session on Thursday. The Canadian Dollar (CAD) steadies against the US Dollar (USD) near an earlier three-month low as the latest Canadian inflation data raised odds that the Bank of Canada (BoC) would resume its easing campaign.
New
2025.08.21 08:24Fed's Cook intends to fight allegations by Trump team
Federal Reserve (Fed) Board of Governor member Lisa Cook responded late Wednesday to accusations from people within the Trump administration, including President Trump himself, who accused the Fed policymaker of violating financial regulations around mortgage filings.
New
2025.08.21 08:21USD/MXN drops as Fed independence threats spur Peso demand
USD/MXN retreated on Wednesday as investors became worried about the Federal Reserve's independence, as the Trump administration "doubled up" their pressure on Fed officials, as revealed by Bloomberg.
New
2025.08.21 08:05Australia's S&P Global Manufacturing PMI improves to 52.9 in August, Services PMI rises to 55.1
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.9 in August versus 51.3 prior, the latest data published by S&P Global showed on Thursday.
New
2025.08.21 08:04USD/JPY Price Forecast: Consolidates but falls below 50-day SMA
USD/JPY prints back-to-back bearish days during the week, down 0.17% on Wednesday as the Greenback sold off on fears that the Trump administration threatens the Federal Reserve's independence. At the time of writing, the pair trades at 147.37 after hitting a daily high of 147.81.
New
2025.08.21 06:16Canadian Dollar freezes in place as Loonie fails to bounce back
The Canadian Dollar (CAD) is struggling to find momentum heading through the midweek. The Loonie took a fresh hit after Canadian Consumer Price Index (CPI) inflation eased slightly, but otherwise gave no clear direction for the Bank of Canada (BoC) to operate with.
New
2025.08.21 05:36EUR/USD holds near 1.1660 as Fed Minutes clash with Trump's pressure
EUR/USD advances steadily during the North American session as the Federal Reserve (Fed) unveils its latest Meeting Minutes. At the time of writing, the pair trades at around 1.1660 and clings to minimal gains of 0.13%.
New
2025.08.21 05:13Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
