You are here

Wall St dollar bulls throwing in the towel

Median estimate of US Dollar Index falls to lowest level since March

BT_20150924_DNDOLLAR24_1893734.jpg
LESS NOTE-WORTHY: In another sign that the bullish consensus is fading, only four banks are calling for the dollar to rally to parity with the euro by year-end, compared with 14 at the start of the quarter.

New York

SIX months after the dollar's ascent faded, Wall Street is giving in. For a second straight quarter, the greenback is set to trail strategists' projections.

Morgan Stanley, Bank of America Corp and Citigroup Inc are among banks that have lowered their dollar forecasts

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom