Ann: High Grade Results from AB1, AB2 and D Sul-BDR.AX, page-95

@binwood - economics is not my forte - but that's never stopped me from having a crack. this would be my understanding / misunderstanding of usd and pog.

The USD is already trading quite high. If a rate hike occurs and the USD continues to rise its going to affect the competitiveness of us products/services. Thus we would expect further holding off of rate hikes for now. However, if USD safe haven demand continues esp in context of brexit, the fed will have little room to move outside of possibly lowering interest rates (on the plus side increasing pog). The only issues i can identify here are governments going broke....then they dont spend......then market falls?

The fact that pog and usd are increasing in unison could be indicative of skepticism that markets can be pulled back in line, and that things are growing exponentially out of control.