yes it will continue, looking at the currency index relay up and the week will close with lower commodity prices
Can this dollar rally continue?
The dollar has been gathering strength in the wake of the FOMC decision on Wednesday, but can the dollar rally continue? The initial reaction to the Fed move was arguably a touch subdued with the market seemingly questioning Yellen’s upbeat assessment of inflation. However strong readings on regional Fed surveys yesterday (on New York and Philly Fed) have helped to drive a dollar recovery. This is still though very early days with the dollar index rallying back to where it was just a week ago, whilst the flattening yield curve remains an issue and the 10 year Treasury yield is still below where it was prior to the ... (full story)