More Trouble Ahead for the Dollar – Any sign of weakness in the U.S. economy and chances are the dollar will lose value.

That was the case with the most recent inflation data. Get used to it, say analysts.

The dollar is headed for another down year, especially against the euro, which rose 12% against the U.S. currency in 2017.

Whether it’s worries about low in the U.S. or optimism about the strengthening Euro Zone economy, there seems to be no shortage of reasons to bet against the dollar in 2018.Analysts don’t expect further U.S. interest rate hikes to support the dollar.

Instead, they say signs the European Central Bank is pulling back on its easy money policy will help extend the euro’s rise against the dollar,Citibank, for instance, expects the dollar to fall another 5% overall. Deutsche Bank (DE:) is among the most bullish on the euro, forecasting a euro/dollar rate as high as 1.30.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.