Bank of America Analysts Observe Growing Demand for US Dollars in Recent Trends
Tuesday, 26 March 2024, 23:02
Bank of America Analysts Report on US Dollar Demand
Analysts at Bank of America observe a trend of growing demand for the US dollar among hedge funds and real money investors. Hedge funds are showing significant interest in the USD, with a very strong demand noted across the board. On the other hand, real money investors are also buying the dollar, but their positioning remains relatively light. The DXY index appears to be fluctuating within the range of 101 to 107, reflecting the ongoing market dynamics.
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