Gold prices dipped on Thursday, pressured by a firmer dollar and easing market tensions after U.S. President Donald Trump said it was "highly unlikely" he would dismiss Federal Reserve Chair Jerome Powell.

The dollar lost value following news that President Trump told lawmakers he will likely try to oust Federal Reserve Chair Jerome Powell. The U.S. Dollar Index, which measures the greenback against a basket of currencies including the Euro and yen,

This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a move crossed a red line.

Trump’s tariffs and trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The U.S. Dollar (DXY) rose on Monday while the euro retreated as U.S. President Donald Trump threatened to impose 30% tariffs on the European Union.  The greenback was last up 0.14% at $97.99.  Dollar weekly moves and key drivers:  The U.

The euro briefly hit a three-week low on Monday before partially recovering, while the dollar held steady in a muted reaction to U.S. President Donald Trump's threat to impose a 30% tariff on imports from two of the largest U.

Trump’s tariffs and trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Reports that President Trump was planning to fire Federal Reserve Chairman Jerome Powell sent stocks and the U.S. dollar tumbling on Wednesday, while long-dated Treasury yields charged higher.

The euro briefly hit a three-week low on Monday before partially recovering, while the dollar gained marginally after U.S. President Donald Trump threatened to impose a 30% tariff on imports from two of the largest U.