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Steve Barrow in Wikipedia
We think it is unlikely, but it's a tough call.
Will the market push on for $1.05 this year and $1.10 by this time next year? We definitely believe that it will be the latter.
We don't expect a cut and we're not even convinced there will be a change in the Fed's bias. If the market is factoring in a cut, then it may come a cropper as a result.
The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.
Even after a big move down (in the dollar), the market is willing to sell any bounces.
Ever since my house burned down, I see the moon more clearly.
And all for love, and nothing for reward
( - January 13, 1599)
For fools rush in where angels fear to tread