US Dollar unlikely to go back to last year's peak – Charles Schwab

The US Dollar has surged in recent months. Economists at Charles Schwab analyze Greenback’s outlook.

Where is the US Dollar headed?

The Dollar's strength is likely to continue until there are signs that the Federal Reserve is poised to shift from its tight monetary policy stance to easing. 

We do not expect the US Dollar to go back to last year's peak. However, it is likely to remain in an uptrend until the underlying fundamental factors propelling it higher change.

See: How on earth can the Dollar be turned around? – SocGen