Dollar weakness remains top trade conviction, BofA survey shows

Dollar weakness remains top trade conviction, BofA survey shows
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Dollar weakness remains top trade conviction, BofA survey shows
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The euro successfully fulfilled the expected scenario by reaching the upper boundary of the channel that had been containing a prolonged upward movement, interpreted as a diagonal triangle. At this point, the pattern appears to be fully completed, and we already have confirmation in the form of a downward wave. Buyers are putting up strong……
Gold price prediction 2025 is dominating investor conversations. As of March 2025, gold has broken past $3,000 per ounce. This stunning rally has turned heads in both retail and institutional markets. Analysts now speculate whether it can hit or even exceed $3,500 before year-end. But is this surge sustainable or simply a short-term reaction to…
Daily Pivots: (S1) 0.9052; (P) 0.9097; (R1) 0.9133; More…. Intraday bias in EUR/CHF is turned neutral first with current rebound. Price actions from 0.9026 are viewed as a near term consolidation pattern only. Hence, upside should be limited by 0.9168 cluster resistance (38.2% retracement of 0.9394 to 0.9026 at 0.9167). Another fall below 0.9026 to…
SPX daily The S&P 500 is above 6000 for the first time since February. I think there are economic risks out there but the price action right now is telling. There is a strong inclination to buy the dip and a belief in a Trump put. Call it at TACO trade or a belief that…
If there’s one spot that investors should look to amid all the fiscal risks in most major economies and the de-dollarisation narrative, it’s Asia ex-Japan (AxJ). The US has its own set of issues and so does Europe, and with Japan also facing a power struggle between the government and central bank, there are clear…
Small business alliances are not just for hanging out with other small businesses; they’re a game-changer for growth and sustainability. If you’re a small business owner, you’ve probably heard the buzz about business alliances. But do you know exactly how to leverage them for growth? Well, buckle up because we’re about to dive into the…