The US dollar is expected to break out of its recent trading range, according to Joseph Purtell, Portfolio Manager at Neuberger. Purtell noted that the dollar may remain strong in the short term due to rising U.S. real interest rates. However, he cautioned that long-term structural issues, including concerns about the U.S. government's fiscal sustainability, could impact the dollar's strength in the future.
US Dollar Poised for Short-Term Strength Amid Rising Interest Rates
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