There's a risk you get a terrible number and there's no liquidity in the market, |
This is most serious assault on the dollar since January. This feels different. |
We thought the testimony was mostly in line with what people expected. |
What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops, |
What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops. |
You raise rates and you say they are still low, that's an indication that you're going to raise rates again. |