BofA survey shows short USD no longer seen as crowded trade

BofA survey shows short USD no longer seen as crowded trade
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BofA survey shows short USD no longer seen as crowded trade
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Dow’s Recovery Progresses The Dow continues its recovery, with the lower weighting of tech stocks now serving as a benefit rather than a hindrance, as it had been for much of the year. After climbing back above 40,000 last Friday, the index has gained further ground, approaching the 41,000 level and the record high set…
By Joanna Fong-Isariyawongse, University of Pittsburgh If you have ever lifted a weight, you know the routine: challenge the muscle, give it rest, feed it and repeat. Over time, it grows stronger. Of course, muscles only grow when the challenge increases over time. Continually lifting the same weight the same way stops working. It might…
In a speech today, BoJ Board Member Seiji Adachi suggested that Japan’s economy has met the conditions for beginning to normalize its ultra-loose monetary policy. He pointed to the firm economic outlook and broadening price increases as positive signs. However, Adachi emphasized the need for caution, stating that until underlying inflation sustainably reaches the 2%…
On Monday, Broadridge Financial unveiled a new AI-powered algorithm insights service for its NYFIX platform. The service, which is said to be the first of its kind, is expected to boost algorithmic trading by providing buy-side firms, including asset managers and hedge funds, with real-time liquidity mapping and data-driven decision-making tools. “Algo traders will now…
EUR/USD – 23.01.2026 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Next Week’s Menu: January 18-24, 2025 January 17, 2025 Central Banks: Interest rate policy reviews scheduled in the week ahead features the Bank of Japan, which is expected to double the current 0.25% rate level and will also publish a new quarterly Outlook for Economic Activity and Prices with updated forecasts. BOJ Governor Ueda will…