BofA: 6 reasons to stay bearish on the USD despite the US-China truce ...Middle East

Key Points:

Lingering economic drag:Even with de-escalation, the U.S. economy is now on a slower growth path than pre-trade war due to delayed investment and weakened business confidence.

Foreign asset reallocation:Institutional real money investors are reassessing exposure to U.S. assets and the dollar, contributing to persistent capital outflows.

Weaker-dollar bias from policymakers:The Trump administration continues to favor lower rates and a softer dollar, which adds to long-term depreciation pressures.

BofA remains bearish on the USD, despite tactical reprieves. Structural forces—ranging from weaker capital inflows to policy unpredictability—are seen as increasingly difficult to reverse, suggesting a lower dollar over the medium term with a choppier path forward.

For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here.

This article was written by Adam Button at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( BofA: 6 reasons to stay bearish on the USD despite the US-China truce )

Also on site :

• EU queen Ursula preached transparency – then did backdoor deals with Big Pharma
• We are approaching 70 days without a single aid truck entering Gaza, warns Egypt’s FM
• Walmart Is Selling an 'Amazing' $55 Portable Closet for Just $30, and Shoppers Say It's 'Easy to Assemble'