We have very good interest to sell euros above $1.1929 and very good interest to buy euros below $1.1880.

This is a dollar-positive move across the board. It puts perhaps additional interest-rate hikes on the table because the housing market is not slowing down.

The market has believed that next year the Fed will ease down while the ECB amps up its rate hike cycle. These comments put a little bit of a damper on that view.

As long as these investors continue to put money into our paper, does the inversion matter?

But we're definitely seeing an increase in interest in what we have to offer.

We've obviously got a keen interest in how he goes, but so have 15 other clubs.