August 7, 2025
The Telegraph: Dollar rises on hopes for new Fed chairman
Potential Fed chair “Mr Waller is respected in financial markets and central banking circles and his appointment would be positive for the US dollar, according to Karl Schamotta, chief market strategist at Corpay in Toronto. “He is understood to be someone with an easing bias, but he has the credibility that could keep long-term [government bond] yields anchored and keep flows into the dollar well supported,” Mr Schamotta said.”