Societe Generale: Expects further rise in US dollar index, expected to approach 2022 peak

On February 4th, Kit Juckes, Chief Foreign Exchange Strategist at Societe Generale, stated that if countries reach an agreement with the United States on tariff issues, the US dollar may experience a “slight correction,” but due to the US economy still outperforming the rest of the world, the US dollar will remain strong. He stated that the Bloomberg USD spot index is expected to further rise and may approach its peak reached in September 2022.

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