Duration of US dollar weakness splits FX analysts
BENGALURU: The U.S. dollar outlook is uncertain, with foreign exchange strategists in a Reuters poll almost evenly split on the greenback’s near-term direction following two months of broad weakness, as they await clearer signs from policymakers.
After a strong start to the year – rising about 4per cent in the first quarter – the U.S. currency has lost most of those gains since the end of March, tracking the decline in Treasury yields. It was trading near a five-month trough against a basket of…
