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MAR 05, 2014 - Yahoo! News

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Dollar to outperform other major currencies this year

By Rahul Karunakar BANGALORE (Reuters) - The dollar will easily outperform other major currencies in the coming year, according to foreign exchange strategists polled by Reuters, driven by demand for U.S. assets prompted by a shift in Federal Reserve policy. After cutting its $85 billion of monthly asset purchases by $10 billion twice since December, the Fed has clearly signaled its intentions of closing its quantitative easing programme this year. "Real interest rates in the U.S. are going to rise and that is going to certainly decrease the (capital) flow outside of the U.S. into other ... Read More

Tags: Dollar to outperform other major currencies this year,  Interest Rates Latest News