Dollar Falls Most in One Month as China Damps U.S. Rate Outlook

  • Gauge of greenback snaps gains amid global stock selloff
  • Traders reduce expectations for Fed rate rise by April

Did the Fed Make a Mistake Raising Rates in December?

The dollar slumped the most in one month as upheaval in China’s stock and currency markets weighed on the outlook for higher interest rates in the U.S.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.