Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank’s chair among President Donald Trump’s advisers as they look for a replacement for Jerome Powell,

By Devika Madhusudhanan Nair and Ann Saphir (Reuters) -Federal Reserve Governor Christopher Waller is emerging as a top candidate to be the central bank's next chair, Bloomberg News reported on Thursday,

EUR/USD capped below 1.1700 as Greenback strengthens on Fed Chair appointment rumors. White House reportedly eyes Waller for the role, valuing his forecast-based policy approach and institutional knowledge. US Initial and Continuing Jobless Claims both exceed forecasts; Continuing Claims hit the highest since Nov 2021.