Dollar struggles to find footing on rising bets of outsized Fed cut

Dollar struggles to find footing on rising bets of outsized Fed cut

Dollar struggles to find footing on rising bets of outsized Fed cut By Rae Wee SINGAPORE (Reuters) -The dollar stayed on the back foot on Thursday as renewed concerns over the U.S. economy's growth outlook bolstered expectations of a supersized rate cut from the Federal Reserve this month. The yen was a notable outperformer, in part due to safe-haven demand, but also on the view that imminent rate hikes from the Bank of Japan against the tide of a global …