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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

Updated on

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.