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.
Related Articles
Russia deputy prime minister says oil market is balanced thanks to OPEC+
Novak had graduated from being Russia's energy minister to deputy prime minister...
EURUSD Technical Analysis – The Euro falls to the lowest level since 2022
Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar...
USDCHF Technical Analysis – The USD gets a bid on weak Eurozone PMIs
Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar...
US Dollar surges to two-year high as Eurozone PMIs disappoint
The US Dollar (USD) jumps on Friday to its highest level in...
Leave a comment