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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.

Stacks of U.S. one-dollar bills.

Photographer: Scott Eells
Updated on

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.