Here’s why BofA says de-dollarization is happening "but not as we think"

Here’s why BofA says de-dollarization is happening "but not as we think"
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Here’s why BofA says de-dollarization is happening "but not as we think"
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USD/JPY forecast remains mildly soft ahead of the FOMC rate decision. Next Fed Chair headlines keep the markets uncertain. Technically, the price could test the 200-day moving average before accumulating sufficient buying. The USD/JPY price traded with mild softness on Tuesday as the Dollar Index drifted lower following fresh headlines about the next Fed leadership….
Gold prices plummet as Trump’s election victory boosts the US dollar and Treasury yields. Market sentiment shifts towards higher interest rates, diminishing gold’s appeal. Technical analysis suggest bearish momentum is building, will safe haven demand return and underpin Gold prices? Most Read: US Dollar Index (DXY) Explodes Higher as Markets Prepare for a Trump Victory…
The Pivot Multi Time MT4 Indicator is a technical tool that calculates pivot points from different timeframes, daily, weekly, and monthly, and displays them all on one chart. Pivot points are widely used in trading to determine potential support and resistance levels where the price may reverse or break out. By having multiple timeframes on…
Thanksgiving food is supposed to be the highlight of the holidays—the kind of meal that makes your family sit back, unbutton their jeans, and sigh with joy. But let’s be real: not all thanksgiving recipes deserve a spot on the thanksgiving table. Some thanksgiving sides are so horrifying they feel like a jump scare on…
The Strong Trend Indicator MT4 addresses this exact problem. It filters out market noise by measuring momentum strength across multiple timeframes, giving traders a clearer picture of when trends are worth trading versus when to stay flat. This tool won’t eliminate losing trades (nothing will), but it helps traders focus their energy on high-probability setups…
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) reports data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday October 8th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets….