• White House econ advisor Hassett said Friday Trump studying if Fed Chair Powell can be fired

• Concern that the Fed's independence is in doubt drove broad base selling of US assets

• Yields rallied while stocks fell & gold

hit a new all-time high

• US$ shunned by investors; USD/CNH fell below 7.2840 before slightly bouncing

• AUD/USD rallied 0.6374-0.6436 overnight, hit a 4-month high, NY opened near 0.6420, up +0.69%

• Techs are bullish; RSIs rising & not overbought, monthly bull hammer candle is in place

• Remarks from Fed's Goolsbee, US March leading index are risks in NY's morning
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)