-
Dollar Bulls Are Throwing in the Towel as Trump Wagers Evaporate
Four months after the dawn of the Trump trade, currency investors worldwide are capitulating. That’s the signal from Bank of America Corp.’s flow data, which blends positioning and sentiment surveys conducted with its hedge fund and real-money clients, and publicly available futures data. The bank’s takeaway is that bullish dollar positions put on after the election have completely disappeared. "The dollar positions accumulated in the buildup and immediate aftermath of the U.S. election look to have been fully unwound," Bank of America strategists led by Myria Kyriacou wrote in a research note. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 22, 2017 7:35am Mar 22, 2017 7:35am
- fxx360
- | Joined Dec 2011 | Status: Member | 930 Comments
- Comment #2
- Quote
- Mar 22, 2017 9:09am Mar 22, 2017 9:09am
- Manudatinh
- | Joined Nov 2008 | Status: Member | 397 Comments | Online Now
- Comment #3
- Quote
- Mar 22, 2017 9:29am Mar 22, 2017 9:29am
- gat
- | Joined Dec 2009 | Status: Member | 1040 Comments
- Comment #4
- Quote
- Mar 22, 2017 1:17pm Mar 22, 2017 1:17pm
- cuchuflito
- Joined Nov 2008 | Status: Member | 394 Comments
- Comment #5
- Quote
- Mar 22, 2017 1:41pm Mar 22, 2017 1:41pm
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!
- Comment #6
- Quote
- Mar 22, 2017 9:15pm Mar 22, 2017 9:15pm
- Walker1957
- Joined Dec 2016 | Status: Member | 136 Comments
- Comment #7
- Quote
- Mar 23, 2017 3:28am Mar 23, 2017 3:28am
- Tradethepips
- | Joined Mar 2008 | Status: Member | 39 Comments
Why such a rigid stance? To learn is the funniest process in live...