Bloomberg survey expect the negative sentiment for USD to remain in 2018

Following the dollar’s worst year in more than a decade, a majority of analysts surveyed by Bloomberg expect the pain will continue for the world’s main reserve currency.

The U.S. Dollar Index, which is 9.4 percent lower than it was at the end of 2016, is forecast to slide 2 percent from its current level by the end of next year, according to the median estimate in the poll.

The most bearish view is for it to decline about 5.5 percent, but not everyone is so pessimistic — the most upbeat call is for a 6.4 percent gain.

Source: Bloomberg Pro Terminal

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