The dollar hovered near a two-month high against a basket of currencies on Friday, after Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have agreed to resume stimulus talks. The US currency found support earlier this week after Fed's Evans struck a hawkish tone by noting that the central bank could raise rates before inflation averages 2%.
Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was last updated on September of 2020.
The United States Dollar is expected to trade at 96.06 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 97.33 in 12 months time.