JohnKicklighter

What's Eating the Dollar

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FX:USDOLLAR   Dow Jones FXCM Dollar Index
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Fed forecasts have cooled significantly over the past weeks with a particularly acute shift to 'certainty' among the doves after the September NFP report. However, if a delayed rate hike is the root of the Dollar's recent troubles, the bearish motivation may soon ease up. Rate forecasts through the end of the year are nearly deflated. Risk aversion as a motivator will also lose its positive correlation to USDollar performance if that is the case - as the Dollar was suffering from its lost rate potential

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