BofA

US Dollar: BearishThe central bank expects the US dollar to weaken in the medium term due to the expected rate cuts by the Fed and slowing growth in the US. However, the downside is somewhat balanced by the fact that a significant amount of…

Bank of America confirmed that the US Dollar Index (DXY) historically tends to rise from August until the US election day in November, indicating potential strength for the US dollar ahead of the upcoming elections.Key points:Seasonal…

Emerging market foreign exchange markets are expected to perform better in a potential hard landing scenario than in previous similar episodes, analysts at Bank of America Securities said in a note dated Tuesday. The note outlines the key…

Bank of America (BofA) reported a growing consensus against the US dollar, with significant selling last week. Investors in both the US and Europe have been net short on the dollar over the year. Demand for US dollar put options has…

Bank of America (BofA) provided insights into the current state of G10 FX positions, noting that they are more balanced than at the end of Q2. However, the bank also highlighted some continued weaknesses, particularly in hedge funds’ long…

Bank of America Securities analysts highlighted the Swiss National Bank's recent intervention in foreign exchange markets, which was aimed at weakening the Swiss franc amid significant market turmoil. Bank of America expects further…

US Consumer Price Index yyBank of America expects a partial reversal of the June inflation surprise in the upcoming July CPI report, with modest increases in both headline and core CPI expected, which could influence the Fed's decision to…

ImagePixel/iStock via Getty Images Dollar (DixieThe price usually tends to rise between now and US election day. According to the BofA Securities Technical Advantage report, the average trend (nine out of 13 times) was up 2.5%, peaking…

MUMBAI (Reuters) - The Reserve Bank of India may allow the rupee to weaken slightly to ease a slightly elevated real effective exchange rate and keep the South Asian currency "competitive", Bank of America Securities said in a note on…

Analysts at Bank of America noted that while some market watchers continue to speculate that the exchange rate could reach parity, such an event is considered rare and short-lived historically. They pointed to a chart showing that, with…