Reflation next year could dampen multi-year dollar rally

But dollar strength is likely to play out until the first quarter of 2017

Dollar balloon
Reflation predicted for H1 2017

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The strength of the greenback will prolong into early 2017, but its multi-year rally will likely run out of steam as reflation begins to set in during the first half of next year, say strategists at TD Securities, the winner of last week's three-month currency forecast table.

"Looking ahead to next year, we do think the stronger dollar theme is likely to have some decent legs to it perhaps through Q1. As we look beyond that point we do see the end of the multi-year

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