Key drivers for the U.S. dollar

The euro soared to a four-month high vs. the U.S. dollar in late January, but most market watchers are calling that a corrective move in the euro/dollar’s (EUR/USD) post-2004 downtrend.

With renewed expectations for additional Fed tightening in the U.S., many analysts see room for additional U.S. dollar gains over the near to intermediate term.