Dollar Bears Say Fed Hawks Can’t Boost Rate Odds Above Coin Toss

Updated on
  • Chance of rate hike is now lower than after FOMC last week
  • Short the dollar ‘targeting a slide down to 97’ yen, BNP says

Federal Reserve officials’ rhetoric will need to be more hawkish than recent pronouncements to raise the odds of higher U.S. interest rates this year much above a coin toss, according to Westpac Banking Corp. and BNP Paribas SA.

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