Gaurav Kashyap expects the greenback to move higher next month
Gaurav Kashyap expects the greenback to move higher next month
While the outlook is brighter for the US dollar, it is less rosy for the British pound
The US dollar is proving a stable plank in an increasingly volatile currency environment.
While many of leading currencies maintained their ranges, US markets entered a strong buying phase
While the dollar tested new strengths following the recent Fed meeting, its bullish outlook may have run out of steam.
Gaurav Kashyap says the current pullback over the last few days is only natural
The greenback's recent rally has seen it achieve five-month highs
With the markets poised for more volatility, the greenback could take off even more
Despite a rosy economic picture in the US, the dollar is still under strain
US inflation figures rose in September to their highest level in eight months, with the consumer price index up by 0.5%, after rising by 0.4% in August. The rise is the largest since January, and the index rose on a yearly basis to 2.2% in September from 1.9% in August.
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