Goldman Delta-One Desk-Head Warns Tactically It "Feels Dangerous To Press Dollar Downside"

Fiscal dominance is everywhere but, no matter how you slice it, it seems more likely that it’s not going to be primarily The Fed catching up with everyone else on reaching the terminal rate, rather everyone else moving toward the American stance: i.e. a broadening easing bias. 

That perspective seemed to emerge when hearing ECB Lagarde flagging how EA inflation is set to remain under control even after the recent developments.