ADVERTISEMENT

US Dollar Might Not Keep Currency Crown Next Year: Poll

Currency speculators reduced bets in favor of dollar in the latest week for the first time in 11 weeks
Currency speculators reduced bets in favor of dollar in the latest week for the first time in 11 weeks
Bengaluru: The US dollar, which has had its best yearly performance since 2015 so far in 2018, will hold on to those gains for the rest of the year but beyond that is unlikely to maintain its ascendancy, a Reuters poll showed. A majority of foreign exchange strategists in Reuters polls since the dollar's resurgence in April had predicted a reversal in its fortunes, with the upward trend not expected to last more than three months. Bu...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit