27
Oct
![](https://bbgi.ch/wp-content/uploads/2017/10/pexels-photo-164661-848x450.jpeg)
The dollar will continue to rise in the coming months
The dollar is rising again. The euro benefits from stronger fundamentals. Further stabilisation of the pound. The yen will be back between 115 and 120 in the upcoming months.
Key points
- The US dollar will benefit from significant improvement in the economic outlook and the yield spread
- Speculative positions also point to a rise of the dollar
- The appreciation of the euro reflects improved fundamentals and the prospect of an about-turn in monetary policy will bolster investors’ interest in the single currency further down the road
- Swiss Franc: our post-SNB 2015 shock forecast is materialising
- Positive outlook for currencies linked to commodities