Giving the long dollar trade another try

[tippy]

Giving it a shot at 1.4688. Got 3 lots, on the way to 10 lots total.

Fed Funds pricing in 100% chance of a .25 cut in December and 50% chance of another .25 after that.

China making their fishy remarks pushing the dollar lower. Supermodel Gisele making comments. When supermodels get quoted in the news, the market has to be at an extreme and due for a reversal.

The dollar is oversold.

I just don't think the fed is going to be able to deliver on the interest rate cuts that the market has already priced in. When the market doesn't get the cuts, the dollar should rally hard. Looks like the dollar already made a nice turn against the Canadian Dollar. Maybe other currencies follow.

Once inflation gets out of hand, the Fed just won't be able to cut.

Of course I could be wrong. Any thoughts?