Fed's rate path to define dollar strength in the coming year: Reuters poll
The latest poll of more than 60 analysts, taken this week, showed the euro (EUR=) will fall only slightly in the coming year, with only a one-in-three chance for the single currency to fall to or below parity with the dollar. All but four analysts in the poll have pencilled in September for when the Fed will lift interest rates for the first time in almost a decade. The remaining four said December. When asked whether the dollar's strength - one of the main reasons behind disappointing U.S. data since the beginning of this year - will get in the Fed's way with its rate hikes over the next year, analysts were split. Indeed, 15 of 31 analysts said the risk was neutral, eight said high risk, while the remaining eight said low risk. To read the full article (VIEW LINK)
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