Staying elevated: In the near term, the US dollar should stay elevated as markets are preparing for any indication that the Fed might turn more hawkish.
A stronger US dollar against the ringgit is seen for the next three to six months but after that, the outlook is less certain and hence, volatile.
While the strength of the US economic recovery has to be sustained, tightening policies from other central banks and a potentially stronger global recovery might see the US dollar rally cooling off.
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