MARKET NEWS
Cracks appear in entrenched weak dollar outlook: Reuters poll
BENGALURU, Dec 3 (Reuters) - FX strategists largely stuck to forecasts for a weaker U.S. dollar over the coming year on Federal Reserve rate cut bets but a sizeable minority have now broken away from the consensus, predicting it would strengthen instead, a Reuters survey showed.
The greenback, down roughly 9% for the year, is on track for its worst year since 2017 as tariff risks, labour market jitters, fiscal concerns and doubts over the central bank's independence have piled up.
