Dollar Traders Look Past Fed Hawks to Canvas of Dovish Dots

Updated on
  • Greenback tumbles even as central bank signals 2016 rate hike
  • U.S. currency’s year-to-date drop exceeds 4% after Fed

Morgan Stanley's Redeker Sees Potential 4-5% Dollar Drop

Dollar bulls banking on the Federal Reserve to signal at least one interest-rate increase by year-end got their wish -- and were still disappointed.

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