Citigroup Survey Points to Headwinds for Dollar on Go-Slow Fed

  • Investors see one rate hike in 2016, gradual path to follow
  • Greenback down 5 percent after three straight years of gains

Citigroup Inc. said a survey of investors this week shows asset managers are positioning for the Federal Reserve to raise interest rates once this year followed by a slow approach to further monetary tightening, presenting headwinds for the dollar.

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