Dollar Plunges as Investors Trim Bets on Fed Tightening

Thanos Papasavvas, founder and chief investment officer at ABP Invest. says the pound, euro and yen are all set to rise against the dollar. Investors are turning bearish on the currency as cooling prices spur markets to trim bets on further Federal Reserve tightening. Papasavvas speaks on “Bloomberg Markets: Europe.”

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Source: Bloomberg Markets and Finance