Dollar Climbs From Three-Month Low as Fed Rate-Hike Odds Rise

Updated on
  • Hawkish Dudley comments made ‘huge difference’: Deutsche Bank
  • Rate-hike odds rise above 50% as traders await Fed minutes

FOMC Minutes Show Battle Over Rates Raging in Fed

The dollar rebounded from a more than three-month low after Federal Reserve officials suggested markets are underestimating the likelihood of higher U.S. interest rates.

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