Dollar Staggers Into 2018 Amid Global Reflation Trade
U.S. currency's weakness expected to persist as central banks normalize policy.
By Katherine Greifeld, Bloomberg|January 03, 2018 at 07:24 AM|Originally published on Treasuryandrisk.Com
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The dollar sank to a three-month low as rising commodity prices reignited bets that the global reflation trade will take hold in 2018, dimming the greenback’s appeal relative to currencies of faster-growing economies.