We still don't know how many more rate hikes there are in the cycle and the minutes don't really shed light on that. But rate hike increases are probably not large. |
We're still consolidating in a broad trading range. |
We're still trading sideways until we hit 108 yen. |
We've seen speculators try to get out of short yen positions, which were at record levels. |
With the ECB out of the way and now the job data out of the way, we're in for another good dollar run. |
You have to wonder why [some companies] didn't hedge, because there was plenty of time along the way when they could have. |