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.
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Citigroup to axe around 3,500 tech roles in China
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