Why the dollar’s current strength need not last

U.S. dollar

The US currency temporarily hit a seven-week high against the euro on Friday.

(Photo: dpa)

Frankfurt The dollar is currently on a high again. On Friday, the US reserve currency climbed to a seven-week high against the euro. But many companies, economists and consumers are not without concern. Because when the dollar strengthens, it is often a warning sign. Its price is a kind of mood barometer on the financial markets. The US currency is usually in demand when risks are rising and investors are looking for security.

Investors, professionals and financial institutions are all the more concerned with the question of how the strength of the greenback will continue. According to experts, the further strength of the US key currency depends primarily on two factors: the further course of the US Federal Reserve and the question of whether there will be a recession in the US.

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