Forecasts: Dollar to Gain Against Most Peers in 2016
Sydney — The dollar will strengthen against all its Group-of-10 peers except the pound and Canadian currency in the first quarter, while New Zealand’s kiwi will be the worst performer, according to analyst forecasts. The greenback has advanced against eight of its G-10 counterparts since the end of September as the Federal Reserve raised interest rates and futures signal 55 percent odds another increase will take place by April. The...