By Hari Kishan

BENGALURU, October 1 (Reuters) -The U.S. dollar, under pressure since the start of the year, may struggle to find its footing against most major currencies over the coming 12 months, according to a Reuters poll of FX strategists who said the already crowded short U.S. dollar trade will remain.

Against the backdrop of rising U.S. fiscal deficit and worries that the Federal Reserve’s independence was eroding, global investors have dumped the dollar for other major currencies and assets like gold which has surged more than 47% this year, setting record highs, on safe-haven demand.

“The U.S. fiscal situation is this ongoing 800-pound gorilla of the markets, that special status means you can’t just go into other currencies – you go into gold,” said John Hardy, head of FX strat

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