USD retracing its earlier Trump comments gains, equity indexes not so much

EUR/USD and USD/JPY have pulled right back:

The news earlier ICYMI:

• Trump said had no intention of firing Fed Chair Powell (he did). Major reversal from Trump

• Trump backing away from tariffs, backing away from firing Powell – will it last?
• Trump says he has no plans to Fire Federal Reserve Chair Powell
• Trump says he is going to be very nice to China, they have to make a deal

Equity index trade on Globex is holding better after its gap higher:

This article was written by Eamonn Sheridan at www.forexlive.com.