Economics

US dollar to stay strong against euro and sterling, says currency expert

The ECB and Bank of England may find it hard to match the level of interest rate hikes coming from the Fed, says Moneycorp Europe’s Shane Murphy

Simon McKeever, chief executive of the Irish Exports Association: ‘My sense is the US economy is probably going to do a bit better than the EU is over the next while. So, I think a stronger dollar will remain for the moment.’ Picture: Fergal Phillips