Dollar strength to ebb, but only slowly: Oxford Economics ...Qatar

The dollar is probably close to a peak after its recent surge, Oxford Economics said, but noted several factors, including rate differentials and global liquidity conditions, are likely to remain dollar supportive for some time. “We expect only a gradual unwinding of dollar positives in 2022-2023 leading to a modest retreat – and there are still some short-term upside risks,” Oxford Economics said. The dollar has surged in recent months, adding to a bull run that began in the early part of 2021. Since the start of last year, the real effective dollar exchange rate has risen by around 15%, and now stands at multi-year highs, it said. Recent dollar gains have mostly resulted from a combinati

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