USD troubles to ease in 2018, but not over yet – Reuters poll

FXStreet Team FXStreet

According to a majority of foreign exchange analysts surveyed in a Reuters poll, the struggle for the US dollar, which just recorded its worst annual performance in 14 years, is likely to ease in 2018, but the rough patch is not over yet.

Key Points:

Asked how they expected the dollar to fare against major currencies this year, a majority of the forecasters in the latest Reuters poll said it would perform better than last year - not a hard thing to do given how bad last year was.

The euro, which also had its best run since 2003 last year, is forecast to weaken slightly over the next three to six months before moving up to trade slightly higher at $1.210 in a year's time, up slightly from where it is now.”

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FXStreet Team

FXStreet

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