US President Trump says he doesn't know if the Powell probe is worth holding up Warsh, adds Powell is incompetent, but the question is if he's corrupt

US President Trump says he doesn't know if the Powell probe is worth holding up Warsh, adds Powell is incompetent, but the question is if he's corrupt.

President Trump's comments regarding Powell create uncertainty about the Federal Reserve's leadership and future policy actions. This could lead to increased volatility in both equity and FX markets as traders reassess the stability of the Fed amid potential leadership changes. Expect shifts in sentiment toward USD and possible reactions in commodities as market participants react to this geopolitical tension.