The Future of the Dollar

The smart money is betting, once again, that the days of the almighty dollar are numbered. And just because this prediction was startlingly wrong for 2005 doesn’t mean it’s wrong again for 2006.

After a yearlong bull run fed by rising U.S. interest rates, political disarray in the euro zone and sustained dollar buying by Asian central banks, the dollar is running out of fuel, say economists and investors.