US Dollar unlikely to go back to last year's peak

Canada News News

US Dollar unlikely to go back to last year's peak
Canada Latest News,Canada Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 79 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 72%

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 stren

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.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.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD rose toward 1.0500 in the European morning on Monday but struggled to gather bullish momentum. The cautious market stance makes it difficult for the pair to continue to stretch higher as investors await mid-tier data releases from the US.Following a short-lasting recovery attempt to the 1.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian Dollar receding for Monday as US Dollar climbs, Oil slipsCanadian Dollar receding for Monday as US Dollar climbs, Oil slipsThe Canadian Dollar (CAD) has fallen 0.70% against the US Dollar (USD) in Monday trading as broader market risk appetite turns south and jittery inves
Read more »

Forex Today: US Dollar holds at multi-month highs ahead of mid-tier dataForex Today: US Dollar holds at multi-month highs ahead of mid-tier dataHere is what you need to know on Tuesday, October 3: Following a quiet start to the new week, the US Dollar (USD) benefited from surging US Treasury b
Read more »

DXY: Break above 106.80 to open up a return towards 108DXY: Break above 106.80 to open up a return towards 108The US Dollar Index closed September and Q3 off highs after profit-taking on Friday. Economists at Société Générale analyze DXY outlook. Dollar dips l
Read more »

DXY to stay bid in the 106-107 range this weekDXY to stay bid in the 106-107 range this weekThe US Dollar Index strengthened by 3.2% in the third quarter. Economists at ING analyze DXY outlook. Settling into a stronger Dollar Given that long-
Read more »

Gold, Yields, US Dollar at Inflection Point: Bullish Pivot or Destruction Ahead?Gold, Yields, US Dollar at Inflection Point: Bullish Pivot or Destruction Ahead?Commodities Analysis by Gary Tanashian covering: XAU/USD, XAG/USD, US Dollar Index Futures, Gold Futures. Read Gary Tanashian's latest article on Investing.com
Read more »



Render Time: 2025-02-28 06:58:43