Warsh Ignites Dollar Rally, Rate Hike Likely Coming, and Energy Prices Plunge (For Now)” PREVIEW by davefairtex Warsh ignites a powerful dollar rally as rate hike odds rise and energy prices plunge. Markets react sharply to the new Fed regime. Warsh Ignites Dollar Rally, Rate Hike Likely Coming, and Energy Prices Plunge (For Now)” PREVIEW by davefairtex Warsh ignites a powerful dollar rally as rate hike odds rise and energy prices plunge. Markets react sharply to the new Fed regime.