Dollar strength hinges on further Fed rate-rise signals
Commerzbank’s Antje Praefcke says additional signals of further U.S. interest rate rises from Federal Reserve officials may be needed for the dollar to defend recent gains.
S. interest rate rises are likely needed in coming weeks for the dollar to hold on to recent gains, Commerzbank's Antje Praefcke says in a note. She said the market needs restrictive language, ideally delivered regularly and in unison by Fed members, to keep supporting the currency.