Federal Reserve Board Governor Christopher Waller is the latest Fed official to back pedal on rate cut expectations. Hos comments are here:
EUR, AUD, GBP, CAD, NZD and of course the hapless yen, have all given up some ground against the dollar on these.
USD/CAD for example:
I chose USD/CAD for no particular reason, all major FX lost ground on the knee jerk to Waller.
This article was written by Eamonn Sheridan at www.forexlive.com.
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