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This Article is From Nov 03, 2016

Dollar Bulls Could See Another Winning Run in November: Chart

Dollar Bulls Could See Another Winning Run in November: Chart

(Bloomberg) -- History suggests November could be another strong month for the U.S. currency. The Bloomberg Dollar Spot Index advanced nearly 1 percent on average since 2006, the best performance after May's 1.1 percent increase. The greenback is already coming off its strongest October since 2008 on increased chances that the Federal Reserve will raise interest rates by December.

To contact the reporter on this story: Lilian Karunungan in Singapore at lkarunungan@bloomberg.net. To contact the editors responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net, Jake Ulick

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