He might have said it but he did not mean it- EUR/USD pushing to session highs

As you all know by now, the news that sent the dollar spiralling higher last night was all due to a volte face by the US President. Trump said he never had any intention to fire the Fed boss, not that he could legally do it anyway. Well, that is clearly not true is it? Just look at all his prior social media posts and vitriolic insults towards Powell and clearly he was intending to try and do that. Well, it seems someone with common sense in the White House team implored Trump to stand down. Maybe it was his legal team, but surely we will never know. Anyway, the stand down from Trump sent the US currency and stocks higher, but as you can see the dollar is edging lower again right now, because the markets do not believe him by the looks of it and rightly so. So, the EUR/USD is just now pushing to fresh session highs above 1.1430. One thing to note here folks; the huge wall of money flowing out of the US currency is unlikely to turn around on the strength of just another Trump statement. Real money flow simply does not turn around that quickly. The EUR/USD is right now at 1.1432