Dollar weakness is expected to continue in the near term. Photo: ReutersThe US dollar has declined to a three-year low after falling close to 10% in 2017 against a basket of currencies. Further, tax cuts in the US and their impact on the fiscal deficit are also affecting the value of the dollar. Dollar weakness is expected to continue in the near term. Second, crude prices and the dollar tend to move in opposite directions.

Source: Mint January 17, 2018 18:11 UTC