The only problem the US economy has is the Fed

US President Trump has just tweeted. "The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!"

During the weekend, there were some rumors making the rounds about Trump planning to dismiss the Fed's chief, although the Federal Reserve is an independent agency and Powell can't be fired just because Trump doesn't like his policies.  

AUD/USD: Price stabilizes as bulls step in to protect stocks from plunging further

AUD/USD has been tracking risk sentiment in the final days into the Christmas break and has travelled lower since printing a double top high in the 0.
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USD/JPY heads for the lowest close in 4 months

The USD/JPY broke below 110.90 and tumbled to 110.24, hitting the lowest intraday level since August 22. The pair then bounced modestly to the upside,
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