Oversold dollar view leads Rabobank to victory

The bank says the Fed could hike again in September, with another possible if there is good data in the months ahead

Rabobank
Walking tall: Rabobank lands at the top of the table with spot-on calls

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Weak US payroll data may have thwarted a dollar recovery and the potential for an interest rate hike in June, but if payroll numbers rebound, the Federal Reserve could move twice in the second half of this year, according to Jane Foley, senior currency strategist at Rabobank.

Foley's view helped Rabobank land the top spot in last week's one-month currency forecast table with four spot-on calls out of five G10 pairs. The senior currency strategist was just shy of the

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