[ARCADIA]

The dollar valuation is dropping against the Euro; usually, that means another rate hike to prop it up before gasoline prices climb even higher.

[economist-student]

The euro is also a doomed currency. Hyper-valuation in housing in Spain (I believe, it's the biggest RE bubble in the world) makes it harder for the ECB to continue tightening interest rates.

In fact, Europe just posted its first global current account deficit (Spain has the biggest current account deficit in the world percentage-wise)