Here’s Why TD Securities Says the Dollar Could Still Drop
Key Takeaways The Fed’s July 29 FOMC decision under Chair Kevin Warsh is expected to hold rates at 3.50% to 3.75%. TD Securities says CME FedWatch’s 95% to 98% no-change odds still overprice hike risk tied to Iran tensions. TD Securities forecasts a 2% dollar decline in the back half of 2026 if the Fed…
