The US dollar is expected to break out of its six-to-nine-month range and may strengthen in the short term.
ChainCatcher news, according to Golden Ten Data, Neuberger portfolio manager Joseph Purtell stated that in the short term, due to rising US real interest rates, the US dollar may continue to strengthen. He believes the dollar is likely to break out of the range of the past six to nine months, but added that in the long term, considering structural issues such as the US government's fiscal sustainability, the dollar may weaken.
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