Dollar to Stay Dominant, but Big Fed Push Needed to Climb Higher: Poll

A picture illustration of the U.S. dollar, Swiss Franc, British pound, and Euro banknotes, taken in Warsaw, Poland, on Jan. 26, 2011. Kacper Pempel/Reuters

BENGALURU—The U.S. dollar will reign supreme for at least another 3–6 months, a Reuters poll of strategists found, saying it will take a significant change in market expectations for Federal Reserve rate hikes to push it higher.

Indeed, while the dollar was not expected to make any significant headway from current levels, it was forecast to hold onto most of its impressive gains from 2021, according to the Jan. 31-Feb. 2 Reuters poll.