The US dollar has seen a substantial rise over the last nine months. In this video we explain why we think it will remain at elevated levels and examine what this means for investors.
The accepted argument for the strength of the US dollar has been economic divergence between the US and other regions, subsequently leading to a divergence in central bank policy. However, while the US economy is clearly stronger and moving at a faster pace than many peers, the likelihood of positive growth surprises elsewhere is increasing.
