A poll of US Dollar analysts reveals that most analysts think the rally is over. A Reuters poll reveals the majority of analysts think the good times are over and it’s just a matter of time before the Dollar slips. Over the last year, the main factor in the Dollar’s rise was the Federal Reserve increasing interest rates, giving the Dollar a better return.
But now the Fed has signaled a possible pause in interest rate hikes, and analysts see that as weakening the Dollar going forward. And of course, a falling Dollar usually means increasing gold prices. How much time does the Dollar have? You’ll have to read today’s featured article to find out.
Continue reading at Reuters.com