As long as the economy is moving there's no reason to not expect the U.S. to continue to raise interest rates. The market is still looking for a higher dollar. |
Most people expect the Fed to raise rates, but there are some skeptics out there who may sell dollars. Everybody is waiting for the Fed, needless to say. |
The fact that the housing numbers were lower than expected, that is a red flag. The U.S. economy may begin to slow. |
There's a lot of uncertainty in the market right now. If the Fed stops raising rates, people seem prone to sell dollars. |
We know they're going to raise interest rates, it's just a question of when. |
We've come to not expect really bad news, and this was really bad news. |