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A Doomsayer's Guide to the Dollar and Why It Could Keep Plunging

Technicals flash warnings that greenback rout just beginning
Latest drop leaves few support levels to buffer further losses

Bloomberg business news — Sakakibara Expects Dollar to Head Toward 100 Yen by End of 2018

By

Jacob Bourne and

January 25, 2018, 10:00 PM UTCUpdated onJanuary 26, 2018, 1:05 PM UTC

The dollar’s worst start to a year since 1987 may get a lot worse.

Regardless of whether the Trump administration wants a strong U.S. currency or not, this week’s plunge is breaching technical barriers that had stood as proverbial last lines of defense against a significant gap lower.