The dollar's strength looks set to persist in the second half of 2026, Societe Generale analysts say in a note. "The U.S. is now the only G-10 economy where consensus growth forecasts for this year are higher than they were at the start of the year." Even President Trump can't argue for lower interest rates if the economy is growing fast enough to keep inflation above target, they say. SocGen expects the DXY dollar index to rise to 103.6 and the euro to fall to $1.11 by year-end. The DXY last trades up 0.2% at 101.062 and the euro falls 0.2% to $1.1418. (renae.dyer@wsj.com)
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Dollar Could Rise Further on Strong Growth Outlook — Market Talk
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The dollar's strength looks set to persist in the second half of 2026, Societe Generale analysts say in a note. "The U.S. is now the only G-10 economy where consensus growth forecasts for this year are higher than they were at the start of the year." Even President Trump can't argue for lower inter…