Broad dollar strength on the horizon, says Wells Fargo

December hike of 25bp expected from Fed and it is likely to pull the trigger again in 2017, helping to propel the dollar

Strong arming the banks
Strong arm: "Central bank actions… remain the pre-eminent drivers of exchange rates.," says Erik Nelson

CLICK HERE TO VIEW THE PDF

The dollar is expected to make broad-based gains against its major peers over the next 12 months as expectations grow for a 25 basis point rate hike at the Federal Reserve's December meeting, says Erik Nelson, currency analyst at Wells Fargo, which topped last week's three-month forecast table.

"In our view, central bank actions, both actual and expected, remain the pre-eminent drivers of exchange rates," says Nelson, who believes the US central bank could hit the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: