The U.S. dollar, which has dominated currency markets since last year, will stay...
BENGALURU - The U.S. dollar, which has dominated currency markets since last year, will stay strong for another three to six months before starting to cede ground to most other major currencies, a Reuters poll found.
Its relative strength is forecast to last at least through October, according to more than three quarters of the strategists who answered an extra question. “We continue to expect the Fed to remain on hold this year and hence the monetary easing currently priced in to gradually unwind. That will provide support for the dollar initially, but later this year as global growth picks up, we expect the dollar to then gradually depreciate,” noted Lee Hardman, currency analyst at MUFJ.
Nearly three-quarters of strategists who answered a separate question said the risk to their dollar forecasts was skewed to the upside.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Euro hovers near 23-month lows as dollar bulls eye U.S. GDP dataThe euro hovered near its weakest level since May 2017 on Friday as traders wait...
Lire la suite »
Dollar dozes, risks rude awakening from U.S. inflationThe dollar dozed in a snug band on Monday as Japan kicked off a week of holidays...
Lire la suite »
Dollar dozes, risks rude awakening from U.S. inflationThe dollar dozed in a snug band on Monday as Japan kicked off a week of holidays...
Lire la suite »
Dollar becalmed as Japan takes an extended breakCalm settled over Asian currency markets on Monday as Japan kicked off a week of...
Lire la suite »
In Search Of The Next Unicorns For This Year's Forbes Next Billion-Dollar Startups ListThe deadline to submit companies for our Forbes' Next Billion-Dollar Startups list is tomorrow. If you run a company that might qualify, have invested in one or want to get one on our radar, let us know here:
Lire la suite »
3 Technologies That Could Create Trillion-Dollar Markets Over the Next DecadeTaken together, new technologies could be as transformative as electricity and internal combustion, which kicked off a 50-year productivity boom.
Lire la suite »
How these Ghanaian women have made basketweaving into a million dollar industryBasket weaving is a lucrative business in Ghana. The country exported roughly $800,000 of baskets in 2016, and the industry has created a major source of employment for women in rural areas.
Lire la suite »
World stocks fall, dollar gains on Powell commentsGlobal equities lost ground on Wednesday, snapping a three-day winning streak af...
Lire la suite »
China's billion-dollar Belt and Road party: Who's in and who's outLeaders from across the world have arrived in Beijing for the second Belt and Road Forum, drawn by the possibility of billions of dollars in Chinese funding for infrastructure projects. But there are some notable absences.
Lire la suite »
Asia shares set for weekly loss, dollar perky on GDP hopesAsian shares were headed for their biggest weekly loss in more than a month on F...
Lire la suite »
This is the biggest threat to soaring tech stocks, says Bank of AmericaOur call of the day, from Bank of America Merrill Lynch seeks to cool those feverish brows, worried that seemingly unstoppable tech stocks could be nearing a...
Lire la suite »