US Dollar unlikely to go back to last year's peak – Charles Schwab
|The US Dollar has surged in recent months. Economists at Charles Schwab analyze Greenback’s outlook.
Where is the US Dollar headed?
The Dollar's strength is likely to continue until there are signs that the Federal Reserve is poised to shift from its tight monetary policy stance to easing.
We do not expect the US Dollar to go back to last year's peak. However, it is likely to remain in an uptrend until the underlying fundamental factors propelling it higher change.
See: How on earth can the Dollar be turned around? – SocGen
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.