Well I think that the U. S. Dollar has increased in strength up for a number of reasons. First of all, starting with the july FOMC outcomes the Fed has remained hawkish and more hawkish than the ECB and the BOJ. The continued conventional policies or relative monetary policy in terms of start of data and whether it be normalized explains that. 2nd factor we've had is that the dollar was supposed to weaken as we have risk-on and stronger global growth so that money flows from the U. S. Markets to other markets that have been underperforming the US that leads to capital outflows out of the U. S that should weaken the US dollar. What has happened is that is that we've had in the last few months a growth slowdown, a growth scare and we had a risk-off episodes at least that have affected the bond market and that risk-off and then slow down in growth has implied fizzling out of the reflation trade, as such money has been staying in the U. S rather moving abroad. This explains the strengthening of US dollar rather than the weakening of U. S. Dollar. The EUR-USD pair fell steadily across the first quarter of 2021, hitting a year-to-date intraday low of 1.1703 on 31 March 2021. The euro weakened, and the US dollar performance improved across this period as America ramped up its vaccination drive whilst the eurozone struggled under its second lockdown and experienced a slow start to its vaccine programme. The EUR/USD has fallen by about 370 points in under two weeks amid growing divergences in the direction of monetary policy between the European Central Bank (ECB) and the Fed. Whilst the ECB remained firmly accommodative in the June meeting, the Fed adopted an unexpected hawkish stance. During the pandemic, the Fed adopted a very loose monetary policy. The US central bank cut interest rates to a record low of 0%-0.25% and initiated a quantitative easing programme, buying up $120bn worth of bonds each month. The ultra-loose monetary policy dragged on demand for the US dollar, weakening the currency in 2020. Rising inflation outcome could raise expectations that the Fed will tighten monetary policy sooner, boosting the value of the US dollar.---Capital.com--https://capital.com/usd-forecast-will-the-fed-boost-the-us-dollar-in-2021 why is the dollar rising today, why is the dollar rising in mexico, why is the canadian dollar rising, money, dollar, stock market, reason for increase in dollar rate today, how strong is the dollar today 2021, why is usd so strong 2021, u.s. dollar world reserve currency ending, us dollar forecast 2021, why is dollar rising today, why is dollar rising against rupee, us dollar forecast 2021, why u.s. dollar getting stronger today, us dollar news today, reason for increase in dollar rate today, nouriel roubini 2021