Curnutt: Dollar Rally Has Gone a Little Bit Too Far

The video discusses recent volatility in foreign exchange markets, focusing on the dollar rally and its connection to Trump's fiscal policies. It examines the implications of these changes on market dynamics, including the Fed's policy adjustments and their impact on asset classes. The discussion also covers market predictions, the probability of a Fed rate hike, and the potential effects on market risk and Fed credibility.

What factors contribute to the volatility in foreign exchange markets?

How does the dollar rally relate to the anticipated fiscal policies of the Trump administration?

What implications does the dollar rally have for risk markets like equities?

What are the potential consequences if the Federal Reserve does not proceed with the expected rate hike?

In what ways might the Federal Reserve's policy changes affect inflation expectations?