It doesn't look like a rate cut is in the cards.

Cards were at first for benefits designed, Sent to amuse, not to enslave the mind.

The euro hasn't gained ground with all that has happened, including intervention, both coordinated and unilateral.

Unilateral intervention is a very risky venture. They tried it and it didn't work. The latest tactic is to intervene on euro strength, but that strength isn't happening.

a pause in rate hikes is a more likely scenario rather than a rate cut.

Cut up your credit cards, get rid of your checkbook, don't shop by yourself.