The Bankers are boxed in. They can’t raise rates. Its just wishful thinking. Because of Brexit, the British pound fell like a rock, plus other countries tend to devalue their currencies which helps push the dollar higher.
The bullish dollar play and the bearish Pound play are both very over extended trends. Sooner or later, most likely sooner, this idiotic dollar bull market will reverse. Either naturally, or the Fed with Goldman Sachs will sell or short a million dollar contracts.