Dollar Heads for Largest Weekly Drop in Four Months as Global Rate Paths Diverge
The dollar is set for its biggest weekly fall in four months as investors price in a December Fed rate cut while other central banks turn more hawkish.
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RBC Capital Markets Warns U.S. Dollar Could Fall 40% Amid Shift in Growth Drivers
RBC Capital Markets forecasts a potential 40% dollar drop, urging investors to hedge via euro and yen options.