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Dollar could follow its worst performance in 14 years with another weak year
After its worst performance in 14 years, it would make sense that the beaten-down dollar should rebound next year, especially with the Fed raising interest rates and an oncoming gusher of fiscal stimulus from tax cuts. But some strategists instead see the dollar continuing its decline, which started in the early days of 2017, as it competes with other currencies in a period of synchronized global growth. "We have a negative bias on the dollar, which is extraordinary considering that interest rates are going to rise at a very good clip," said Jens Nordvig, CEO of Exante Data. "It got too strong before January, and ... (full story)
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All trends begin with the smallest time frame
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