Dollar Fluctuates After Worst Drop in 4 Months as Fed Bets Pared

  • Further weakness to come, no rate increase in 2016, BNP says
  • Yellen speech Monday in focus as markets study Fed policy path

Have all Hopes of a Fed Rate Hike Now Evaporated?

A gauge of the dollar was little changed after the biggest loss since February, as traders looked to Federal Reserve Chair Janet Yellen’s comments following weaker-than-forecast payrolls data that doused speculation officials will raise interest rates in the coming months.

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