We expect the dollar to stay strong as the Fed tightens

The trade-weighted US dollar has edged up to multi-decade highs as the Fed has started to raise its policy rate. In this Focus, we analyse past Fed tightening cycles and explain why we think the dollar will continue to appreciate over the course of the current cycle. RBA Drop-In (18th May): How fast and far will the RBA go to raise rates – and what will this mean for Australian bond yields and the aussie? Join our 20-minute briefing on Wednesday. Register now.

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