Citi Sees Weaker Dollar After G-7 Meeting as US Softens Tariffs

Citigroup Inc. said the dollar could fall further after this week’s Group-of-Seven meeting as global leaders discuss currency policies as part of their trade negotiations with the US.

The bank’s currency strategists led by Osamu Takashima wrote in a note that Washington is unlikely to “aggressively pursue” a weak dollar, but the greenback will end up declining as the nation reaches agreements with its trading partners to lower tariffs.