There is potential for interest rate expectations to climb even further, but the Dollar is in the early stages of a recovery; so a more potent charge may be necessary – like ‘fear’
With key event risk over the coming week including 4Q US GDP, the January US PMIs and Fed’s favorite inflation indicator (PCE deflator); perhaps we can find purchase
With the market’s own Fed Fund futures holding level and the VIX already pushing 12-month lows, the risk is more acute for a bullish fundamental charge for the Greenback