Investors Shift to Bearish Stance on the U.S. Dollar as Tariffs Loom
Recent evaluations indicate that currency traders are turning bearish on the U.S. dollar ahead of the impending tariffs. Joseph Brusuelas, chief economist at RSM U.S., notes this shift in positioning. While Bank of America’s Athanasios Vamvakidis anticipates a temporary dollar rally, he believes it may serve as an opportunity for investors to sell. This paradigm shift calls for a review of strategies among foreign exchange traders.