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Can the US dollar rally last?


The greenback is more likely to continue its rally at least in the near term.

The greenback is more likely to continue its rally at least in the near term.

The US dollar is in rally mode. It first picked up steam as the 10-year Treasury yield edged towards the psychological level of 3% which it eventually breached.

Helped by a lift in short- and long-dated US bond yields to fresh multi-year highs while geopolitical risk perceptions have tentatively waned, the greenback has rallied close to 3% since late March.

Forex , Economy , Corporate News , Anthony Dass , economy

   

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