Global traders have turned the most positive on the US dollar since 2015, driving a monthlong dollar rally as expectations grow that borrowing costs will stay elevated for longer. The shift in rate expectations is a primary catalyst for renewed USD momentum, suggesting further FX sensitivity to forthcoming US rates data.
Global traders have turned the most positive on the US dollar since 2015, driving a monthlong dollar rally as expectations grow that borrowing costs will stay elevated for longer. The shift in rate expectations is a primary catalyst for renewed USD momentum, suggesting further FX sensitivity to forthcoming US rates data.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
