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Another year of dollar dominance ahead as the Fed lifts rates: Reuters poll

Published by
Reuters UK

By Hari Kishan and Vivek Mishra BENGALURU (Reuters) – Most currencies will struggle to make any gains against the U.S. dollar in coming months, as monetary tightening expected from the Federal Reserve will provide the greenback with enough impetus to extend its dominance well into 2022, analysts said. Nearly two-thirds of 49 foreign exchange strategists polled by Reuters between Jan. 4-6 said interest rate differentials would dictate sentiment in major FX markets in the near term, with only two concerned about new coronavirus variants. The vast majority of analysts polled said volatility in FX…

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