POLL Dollar continues dream run, little stands in its way

A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

BENGALURU, July 7 (Reuters) – The U.S. dollar will remain strong for at least the next three months due to aggressive Federal Reserve interest rate rise expectations and safe-haven appeal stemming from global recession fears, a Reuters poll of foreign exchange analysts showed.

The recent sell-off in risk assets and bond markets is also playing into a broad dollar rally against nearly every other currency, to levels not seen in two decades. Analysts say there is no good reason to expect it to stall yet.

Already up a hefty 7% last year, the dollar has soared another 12% this year, consistently exceeding nearly every forecaster’s expectations on how long its winning streak would last.

A three-quarters majority of…