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Jul 30, 2026
US Dollar: Fed reaction function clouds dollar outlook – MUFG
MUFG’s Derek Halpenny says the Fed’s decision to hold rates, combined with Chair Warsh’s unclear justification, steepened the Treasury curve and weakened the dollar. Rising inflation expectations and concerns over Federal Reserve (Fed) credibility now point to further depreciation risk.
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Jul 30, 2026
Canadian Dollar edges lower amid rebounding USD as traders await key US macro data
The USD/CAD pair attracts some buyers on Thursday and, for now, seems to have snapped a two-day losing streak to a more than one-week low, around the 1.4025-1.4020 area touched the previous day.
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