Steven Englander Dollar Quotations

If the Fed indicates another hike is not set in stone, we'd probably see some dollar weakness.

The interest rate advantage that the U.S. dollar had enjoyed has receded sharply over the last couple of days.

This is most serious assault on the dollar since January. This feels different.

ECB hawkish-ness will make it harder to keep the dollar where it is.

What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops.