Picking FX Winners for 2018: A Tour Through Some Bullish Calls
- Strategists say monetary policy to dictate currency moves
- Euro may be poised for gains; opinion divided on the yen
Oanda's Innes Says Lack of Inflation Weighs on Dollar
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Following the dollar’s worst year in more than a decade, foreign-exchange strategists see few signs of optimism for the U.S. currency in 2018. Yet they remain divided as to which of its major peers to be bullish on.
While most say monetary policy is set to drive FX movements in the months ahead, just how that translates into market performance remains a matter of debate. Bloomberg surveys show a majority of analysts expect the euro to strengthen by the end of next year, but outlooks for the yen are more evenly divided.