By Rae Wee

SINGAPORE (Reuters) -The dollar struggled to gain ground on Wednesday as renewed investor worries about the Federal Reserve’s independence undermined the currency following U.S. President Donald Trump’s latest attempt to extend his power over the central bank.

Trump had on Monday said he would fire Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans, though Cook’s lawyer later said the governor will file a lawsuit to prevent her ouster, kicking off what could be a protracted legal fight.

The dollar weakened on the developments as Trump’s push to gain more influence over U.S. institutions and the path of monetary policy further eroded investors’ trust in the greenback’s dominance.

Currency moves in Asia on Wednesday were largely subdued,

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