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
Sakakibara Expects Dollar to Head Toward 100 Yen by End of 2018
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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.