The dollar index (DXY00) today is up by +0.35%. The dollar is climbing today on comments made late Thursday from President Trump that firing Fed Chair Powell wasn't necessary, easing concerns around the Fed's independence that could spark foreign investors to shun dollar assets.

President Donald Trump used a rare visit to the Federal Reserve on Thursday to renew his pressure on Fed Chair Jerome Powell, telling reporters that costs to renovate the Fed’s buildings were exorbitant. Powell shook his head at times during the president’s remarks.

President Donald Trump is scheduled to visit the Federal Reserve in person Thursday — an unusual move that’s also a major escalation in the White House’s pressure campaign against Chair Jerome Powell