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uptrend
[ uhp-trend ]
noun
- a tendency upward or toward growth, especially in economic development.
Example Sentences
Major global currencies were steady early on Monday but seemed poised to extend last week's uptrend as the dollar nursed its losses after the Federal Reserve dialled down its hawkish rhetoric.
"Looking beyond the current noise related to dovish Fed comments, nothing fundamentally has changed and we see no reason to believe the dollar’s uptrend has ended."
"Looking beyond the current noise related to dovish Fed comments, nothing fundamentally has changed and we see no reason to believe the dollar’s uptrend has ended."
"It appears that the U.S. labor market continues to fire on most cylinders and if that's confirmed by the official employment readings today, it could light another fire under Treasury yields and by extension help the dollar to resume its uptrend," said Marios Hadjikyriacos, senior investment analyst at forex broker XM.
"I'm not sure this uptrend can sustain."
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