US dollar to stay mighty for another six months at least

From reuters.com

The dollar’s persistent and confounding strength will continue well into next year, and even if a partial U.S.-China trade deal is signed it will at most knock the currency by 1-2% in the immediate aftermath, a Reuters poll found. Renewed hopes the world’s two largest economies were taking steps towards ending their 16-month trade war have pushed global stocks close to record peaks and Wall Street to all-time highs. That risk-on attitude has led the U.S. dollar index - which measures the greenback’s value against other major currencies .DXY - to post its first monthly loss since June. But it is still up nearly ... (full story)