The US dollar recently strengthened to its highest level since early November due to strong economy, resilient job market, and expanding manufacturing sector.
The US dollar strengthened recently to its highest level since early November due to the country's strong economy, resilient job market, and expanding manufacturing sector. The dollar's rally benefits Americans with increased purchasing power, but other economies may be burdened by less competitive exports. The dollar's strength may not weaken until global growth or monetary policy converge, and geopolitical risks remain high.
April 21, 2024
4 Articles