Dollar and Fed: Moving Markets Towards a Rate Hike

The transcript discusses the current market conditions, focusing on the dollar's performance and the potential impact of a Federal Reserve rate hike. It highlights the market's expectations and the influence of economic data on these expectations. The discussion also covers the relationship between currency strength and economic fundamentals, emphasizing the role of interest rates and real rates in the FX market.

What are the potential consequences if the market is disappointed by the Fed's actions in September?

In what ways do real rates impact the strength of the dollar according to the discussion?