DZ Bank Says Euro's Surge Against Dollar Has Legs

The video discusses the strong Euro data from France and Germany and the dovish stance of the Fed, which impacts the Euro-Dollar exchange rate. It highlights factors putting pressure on the US dollar, such as inflation concerns and stalled tax reforms. The European market's expectations from the ECB and potential surprises are also covered. The gap between the FOMC's basis points and the market is analyzed, with predictions on the Fed's rate hikes and their impact on currency.

What are the implications of the Fed's dovish tone on the dollar according to the speaker?

What does the speaker suggest about the Fed's rate hike expectations for December and 2018?