Though the ICE Dollar Index (DXY) closed out this past week at its highest level in over 13 years, the currency’s primary effective driver – rising Fed rate forecasts – is quickly burning off its fuel. Can the expectation of 2017 rate hikes pick up the responsibility for further Dollar gains?
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/usd/2016/11/27/Dollar-Looking-to-Close-Out-Best-Two-Month-Rally-in-Two-Years.html?DFXfeeds=forex:fundamental:forecast:weekly:usd
Dollar Looking to Close Out Best Two-Month Rally in Two Years
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