“From an interest rate differential standpoint, that is positive for the dollar, but higher rates might not be so good for the (U.S.) stock market so we could see some selling of (dollar-denominated) assets.”
“He is playing both sides of the fence, and given where the dollar is and how strong it has been, people are taking money off the table and you are seeing a little profit taking.”
“The economic data in the U.S. is still better than it is in Europe, Asia or anywhere else. The U.S. economy continues to grow, and the Fed is going to have to keep raising rates.”
“There is no real grasp on anything, which is quite frustrating. Until we break $1.20 on the downside or $1.22 on the upside, we are really banging our heads against the wall.”
“Interest rate differentials continue in favor of the U.S. dollar and that is one of the big drivers. People are waiting for a new driving force and buying the dollar on dips.”
