BofA Fund Manager Survey: Fund Managers most underweight US Dollars since 2006 ...Middle East

Fund Managers most underweight US Dollars since 2006.US-China trade war ceasefire prevents recession/credit event.Prior to US-China talks in Geneva, fund managers saw US tariffs on China goods at 37%.61% of fund managers see soft landing for the economy versus 37% in April.26% see hard landing, down from 49% in April.

Maybe an upside surprise in today's US CPI report might do it.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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