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Traders haven’t been this bullish on the dollar in a decade. How the buck can keep climbing.

Traders haven’t been this bullish on the dollar in a decade. How the buck can keep climbing.
Key Points

A crowded bet on a stronger U.S. dollar may depend on whether Wednesday’s jump in oil prices proves lasting, as renewed Middle East tensions revive inflation concerns and bolster expectations that the Federal Reserve may need to keep policy tight.

A crowded bet on a stronger U.S. dollar may depend on whether Wednesday’s jump in oil prices proves lasting, as renewed Middle East tensions revive inflation concerns and bolster expectations that the Federal Reserve may need to keep policy tight.
U.S. (LOCATION) Middle East (LOCATION) the Federal Reserve (ORG)
Originally published by MarketWatch Read original →