After an unexpected rally, which led to the dollar falling to an 18-month low at the end of 2018, in the coming year, the currency will face new and old problems.
It is possible to single out an overestimation, a weakening boom in the stock market, a noticeable decline in the repatriation of funds by US companies and a high probability that the Fed will not raise interest rates as many times as it had planned. Given these circumstances, there is every reason to believe that the dollar will complete 2019 by about 5 percent below current levels, although this goes against the current trend when futures point to the dollar near historic highs. There is an opposite opinion: a monthly investor survey of Merrill Lynch showed that the dollar will return the crown. However, there are fewer supporters of this theory. Last year, investors experienced several powerful blows at once, large rates failed in the segment of cryptocurrency, technology, and at the end of the year, the dollar failed.
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