US dollar to be dethroned next year - Reuters

The dominant dollar could lose its shine next year, according to a Reuters poll of 70 currency strategists taken between Sept 28-Oct 3.

Key points (Source: Reuters)

The US dollar’s dominance will last only another three months or six most.

The EUR will withstand the latest political turmoil in Italy and any short-term spill will be limited.

The euro could trade higher at $1.16 in three months and is seen rising to $1.22 in a year.

The single currency is expected to fall at most by only one percent to a low of $1.14 at some point over the next three months, according to the median of 30 strategists.