Analysis-US exceptionalism thwarts dollar bears but Fed test looms

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Resilient U.S. growth is fueling another rebound in the dollar and sending bearish investors scrambling, though the rally will be tested by a gauntlet of data and the Federal Reserve’s meeting later this month. The U.S. dollar index, which measures the currency against a basket of its peers, has surged 5% since late July and stands at its highest level in around half a year. The greenback’s gains have pressured the currencies of the world’s biggest economies, sending China’s yuan to its lowest since December 2007 and spurring expectations for the Japan…

Read More