Dollar’s strength here to stay; only a rate cut could dent it – Reuters poll

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“The dollar’s renewed strength against most major currencies will not fade away anytime soon,” per FX strategists polled by Reuters. The survey of 74 market strategists polled June 1-7 also quotes the respondents as saying, “It would take rate cuts from the Federal Reserve to weaken the currency substantially.”

Also read: US Dollar Index: DXY struggles to cheer Fed rate hike concerns, upbeat yields around 104.00

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