The US dollar’s downturn intensified overnight as renewed political pressures on the Fed weighed heavily on market sentiment. Major stock indexes posted significant losses, while the 10-year Treasury yields rebounded above the 4.4% mark. Amidst this scenario, gold prices are surging toward 3500, raising questions about how deep the dollar rout could potentially go. Market analysts encourage traders to assess both political and economic factors that may influence this dynamic in the coming weeks.