Gundlach Says Dollar Will Drop in 2016

  • Greenback erases 2016 advance on signs of economic slowdown
  • Deutsche Bank, BofA, BNP Paribas see gains, note challenges

DoubleLine Capital’s Jeffrey Gundlach sees the dollar weakening this year, challenging an increasingly fragile consensus that the greenback is headed higher, after its worst week versus the yen since July 2009.

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