[Mitsubishi UFJ: The Dollar May Record Its Worst Annual Performance Since 2017] Odaily Planet Daily News – Mitsubishi UFJ analyst Lee Hardman stated in a report that the dollar is expected to record its worst annual performance since 2017 and face further weakness next year. The U.S. Dollar Index is projected to decline by 9.3% this year. Its declines this year and in 2017 both coincided with the early period of President Trump's term. Hardman pointed out that the dollar regained some ground in 2018, rising by 4.4%, but a similar recovery is unlikely in the coming year. He believes, 'As the Federal Reserve continues to cut interest rates while other G10 central banks have ended their easing cycles, the yield spread between U.S. Treasuries and other major economies' government bonds will continue to narrow.' (Jin10)