Not exact matches
* The dollar index, which measures the
greenback against a basket of currencies, was little changed at 90.800, lower than 91.076 hit in the previous session, its
strongest level since Jan. 12.
The
greenback also has gained steam
against the Indian rupee and remained historically
strong against the Australian dollar based on early March metrics.
Although the US currency typically weakens at the start of a tightening cycle, Morgan Stanley is forecasting a
stronger greenback against all major currencies through 2017.
The
greenback remained in the 83 - yen range, its
strongest level
against the yen since last April.
Additionally, the Canadian dollar has been exceptionally
strong advancing from about 66 cents ten years ago to well over par today
against the US
greenback.