Waller's remarks have pumped up the US dollar

Federal Reserve Board Governor Christopher Waller is the latest Fed official to back pedal on rate cut expectations. Hos comments are here:

• Fed's Waller says may need to hold current rate for longer than expected, no rush to cut

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:

I chose USD/CAD for no particular reason, all major FX lost ground on the knee jerk to Waller.