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:
![usdcad 28 March 2024 waller 2](https://images.forexlive.com/images/usdcad%2028%20March%202024%20waller_id_f019b412-2f61-4b06-8f66-adaeec3b0171_size900.jpg)
I chose USD/CAD for no particular reason, all major FX lost ground on the knee jerk to Waller.