Reviving Rate Expectations Can Recharge the Dollar

Rate expectations for the Fed have collapsed as the Fed repeatedly pushes back its launch date. While still expected to be the first mover on the rate front, the Dollar is no longer continuously building its premium. That has led to a plateau for USDollar after a 10-month climb. To shake it lose, the skepticism on rate forecasts needs to lift. Can NFPs - more appropriately wage growth - help it along?