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The US dollar just hit a two-year high and is threatening to make another major milestone
PUBLISHED MOMENTS AGO
Maggie Fitzgerald
@MKMFITZGERALD
KEY POINTS
The dollar hit a two-year high on Tuesday as slowing global growth strengthened the United States currency.

The dollar index rose to a high of 99.37, its highest level since May 2017 when the index hit 99.696.

“Going forward, the dollar will have a hard time declining unless the Fed gets aggressively dovish, simply because global growth remains lackluster and global central banks are easing policy or are about to ease policy,” said Tom Essaye, founder of the Sevens Report.

https://www.cnbc.com/2019/09/03/the-us-dollar-just-hit-a-two-year-high-and-is-threatening-to-make-another-major-milestone.html

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