R.I.P. Dollar Rally as Dovish Fed Spurs Worst Slump Since 2011

Updated on
  • Greenback hit lowest since October 2014 versus yen this week
  • Morgan Stanley, Macquarie forecast further dollar weakness

Will Dovish Fed Be the Death of the Dollar Rally?

The dollar headed for its steepest three-week slide in more than four years as an increasingly cautious Federal Reserve spurred analysts and investors to reassess forecasts for the greenback.

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