Can the US dollar go much higher?

AXA
By October 25, 2018 15:03

Can the US dollar go much higher?

FX market monthly review

  • The US dollar has regained some ground in recent weeks, reaching its highest level since mid-2017. A favourable interest rate differential to the rest of the G10 appears the strongest support to the currency at the current juncture.
  • Even though we hold a bearish outlook for the US dollar over the medium term, the lack of a near-term catalyst and a high cost of carry suggest that a neutral view is warranted for now.

AXA
By October 25, 2018 15:03

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