TechFlow News, June 28: Joseph Purtell, Portfolio Manager at Neuberger, stated, “In the short term, the U.S. dollar may continue to strengthen due to rising U.S. real interest rates.” He believes the dollar is poised to break out of its range over the past six to nine months but added that, over the long term, structural issues—such as the sustainability of U.S. government finances—could weaken the dollar. (Jin10)
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