The dollar tumbled on Monday to its lowest level in three years as investor confidence in the U.S. economy took another hit over President Donald Trump's attacks on the Federal Reserve chairman, potentially putting the central bank's independence under threat.

The dollar remained under pressure after hitting a three-year low Monday following renewed calls from President Trump for interest rate cuts. In a post on his Truth Social platform, Trump said there is "virtually no inflation" and warned the U.

The value of the U.S. dollar sank to its lowest point in three years Monday after Donald Trump went on the offensive again, hitting out at the chair of the Federal Reserve. In a post on Truth Social,