Skeptics Abound as Wall Street Sees Year of Dollar Losses
- Strategists wrongly predicted a softer greenback in 2018
- Some see U.S. interest-rate advantage as buoying the dollar
Stacks of U.S. one-dollar bills.
Photographer: Scott EellsThis article is for subscribers only.
A familiar theme is percolating through currency markets: The dollar’s going to weaken next year.
That idea got a boost as the Bloomberg Dollar Spot Index fell 0.7 percent Thursday after a dovish signal from the Federal Reserve rocked currency markets.