The U.S. dollar is expected to remain weak through 2026 as concerns over Federal Reserve independence and the possibility of lower interest rates weigh on the greenback.

The U.S. dollar is headed for its worst annual performance in more than two decades as investors anticipate the Federal Reserve will have room to cut interest rates next year, even as some other central banks appear poised to hike, analysts said Wednesday.

On Friday, U.S. stocks showed mixed results as investors assessed a decline in FedEx and anticipated additional rate cuts from the Federal Reserve after the significant reduction announced earlier in the week, News.Az reports citing Investing .