Dollar gaining strength with strong upside momentum...The dollar index edged higher to over 100 after hitting a fresh May 2020 high. The fundamentals have taken the index to new highs on the back of the federal reserve active monetary policy.
The dollar is gaining against all other currencies and this momentum is expected to continue into next week looking at many sources online. This price also comes at a time of high inflation in the US.
Are we going to see more upside from the dollar heading into the highs of early Jan 2017? - Comment your thoughts.
