A rate hike is not by any means off the table. The Fed may decide to make an insurance move of one-quarter point in June.
More Quotes from David Solin:
I think it's just really hangover from that. The issue of U.S. interest rates and where we're going has been a pretty important driver for the dollar.David Solin
It looks like any move by the Bank of Japan away from its zero-interest-rate policy has been pushed out even further into the future.
David Solin
I think the possibility of intervention is very small. Apart from the surge in the price of oil, Germany doesn't really have an inflation problem.
David Solin
The background news is favorable for the euro. The euro zone economy is bouncing back and the U.S. economy is slowing.
David Solin
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