Dollar will struggle as Fed hike hopes evaporate – BNPP
But recent Fed minutes indicate a level of confidence that a June rise has not been ruled out yet. It all depends on the data
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The dollar may struggle against core currencies such as the euro and the yen as it appears unlikely the Federal Reserve will tighten its monetary policies this year and the next, according to Daniel Katzive, head of foreign exchange strategy, North America at BNP Paribas (BNPP).
The French bank, which correctly projected the dollar stalling and weakening against other G10 currencies, topped last week's one-month and three-month currency forecast tables with on-target
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