The remaining respondents who expect the dollar's ascent to continue said better U.S. economic performance versus its peers and a reassessment on rates by the Fed will drive the greenback further. The latest poll once again predicted most major currencies will strengthen against the dollar in the year ahead. "Maybe we will see a recovery in euro zone growth this year, but economic data is just not supportive of that. Right now, it is difficult to be bullish on the euro," said Jane Foley, senior FX strategist at Rabobank. "Currencies in emerging markets are undervalued and should benefit from a shift in the Fed's rhetoric," said Petr Krpata, chief EMEA FX and interest rate strategist at ING.

Source: Mint February 07, 2019 05:03 UTC