Neuberger portfolio manager Joseph Purtell said the dollar may strengthen in the near term as US real interest rates rise. He expects the currency to break out of its six- to nine-month trading range, but added that structural risks, including US fiscal sustainability, could weaken the dollar over the longer term.

2026-06-28

Neuberger portfolio manager Joseph Purtell said the dollar may strengthen in the near term as US real interest rates rise. He expects the currency to break out of its six- to nine-month trading range, but added that structural risks, including US fiscal sustainability, could weaken the dollar over the longer term.