Kathy Lien
Kathy Lien
dollar
It's more the flushing out of dollar shorts.
amount dollar foreigners rallying snapped
The dollar is rallying as foreigners snapped up a larger-than-expected amount of U.S. assets.
dollar expecting hikes primarily rate strength
We primarily see dollar strength because we're expecting one to two more rate hikes from the Fed. All that should be supportive.
believe fed market neutral oil open people picking prices
Going into the Jan. 31 FOMC (Federal Open Market Committee) meeting, a lot of people believe that with oil prices picking up, the Fed may be more neutral in their comments.
along dollar pushed
Those comments, along with other factors, pushed the dollar lower.