Dollar on track for steepest annual drop for almost a decade
Analysts say Federal Reserve rate cuts will push the US currency lower in 2026
Analysts say Federal Reserve rate cuts will push the US currency lower in 2026

Currency has weakened more than 10 per cent this year as concerns grow about US economy

Many investors expect the dollar to weaken further in 2026

Central bank says it will halt quantitative tightening programme amid signs of stress in money markets

If the US currency continues to slide with cuts in interest rates, countries will be forced to take action

The Fed might cut rates despite a healthy economy and a weakening dollar

The Fed was right to cut rates given the downside risks to employment