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globalreutersMarch 26, 20241 Mins read
Bank of America says there is still more demand to come for US dollars
globalreutersMarch 26, 20241 Mins read Analysts at Bank of America on the US dollar:
- hedge funds and real money are buying the dollar
- hedge funds are long USD … “Very strong hedge fund demand for USD last week, almost across the board,”
- but real money positioning is light … “Real money has also been buying the USD in the last two weeks”
DXY looks to be monkeying in the middle right about now (101 – 107 ish sort of range):
This article was written by Eamonn Sheridan at www.forexlive.com.
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