TD Securities says the dollar could drop even if Kevin Warsh holds rates at 3.50%-3.75% on July 29, as markets misprice hike risk.

Fed may hold rates steady this week, potentially weakening the US dollar. Rate hike by September 2026 at 68.5% YES.

TD Securities says the dollar could drop even if Kevin Warsh holds rates at 3.50%-3.75% on July 29, as markets misprice hike risk.