According to a Bank of America survey on FX and rates sentiment, the long dollar trade is now considered the most crowded, with positioning emerging as the primary obstacle for the currency.
Analysts note that dollar positioning presents a significant challenge, a concern they also share. They highlight that long dollar positions are notably elevated compared to historical trends, especially in relation to the past year.
Additionally, FX positioning helps explain why only 20% of respondents consider a long U.S. dollar position their strongest conviction trade, despite 42% anticipating 10-year U.S. Treasury yields to exceed 5%.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about bank of america survey shows long us dollar is now considered the most crowded trade was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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