Simon Derrick Dollar Quotations

There has been a re-evaluation of people's expectations as to where the U.S. rates can ultimately end up. I think we will continue to see dollar weakness.

U.S. economic growth is looking very robust and we shouldn't be assuming the Fed is close to the peak in interest rates yet. The dollar can push higher.

The Fed has been explicit that any more moves will be driven by data. I would be surprised if the data wasn't healthy, and the dollar could firm on the back of stronger numbers.

The big support that Fed rate increases had been giving the dollar is starting to wane and the minutes made that clear.

It's still likely that interest rates will continue to go up in the U.S., so that favors the dollar over the medium term.