Greg Anderson Dollar Quotations

The data was mildly dollar positive. However, I think the market largely ignored the data.

We're still expecting the Fed to hike one more time and take a pause. The momentum for dollar weakening has been established and is well-entrenched.

Commodities currencies including the Canadian dollar are doing very well today as gold and oil prices are up.

Even though the dollar has been declining, most U.S. corporations are not doing anything. They're pretty much hedged.

The main driver this week for the dollar has been the paring back of Fed rate expectations. The dollar is going to decline further this year.