The US dollar is back near its Tuesday low (much lower against the JPY) as Asia morning comes to terms with the new-found dovishness at the FOMC:
- Forexlive Americas FX news wrap: US dollar slumps after Waller puts rate cuts on the table
- Fed's Goolsbee says he has some concerns about keeping rates too high for too long
Ackman is not a Fed official but it's a sharp hedge fund guy. He's tipping a rate cut as early as Q1 next year.
USD/JPY is down near 147.00:
