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

Updated on
  • 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.

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