Fed’s Waller: Further hikes don’t need to come at consecutive meetings

Federal Reserve (Fed) Governor Christopher Waller said in a speech at the Central Bank of the Republic of Türkiye (TCMB) Istanbul Economic Forum on Thursday that more interest rate hikes are needed as inflation remains too high.


US Dollar: Fed cautious on further hikes – MUFG

MUFG’s Lee Hardman notes the Dollar index is holding near year-to-date highs even as US rate markets pare back expectations for further Federal Reserve tightening.
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USD/CAD Price Forecast: Consolidates near 1.4250 as rising oil prices counter bullish USD

The USD/CAD pair attracts some sellers during the first half of the European session on Thursday, though it lacks follow-through and currently trades around mid-1.4200s, nearly unchanged for the day.
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