CoinVoice has recently learned that, according to Jinshi reports, Barclays analysts stated in a report that during the portfolio rebalancing process at the end of this month, investors may not sell off the U.S. dollar on a large scale.

The bank's month-end rebalancing model indicates that the expected sell-off of the dollar will be relatively mild. In the first half of July, high core inflation, resilient economic activity, and a strong labor market supported the dollar's performance. However, these gains were subsequently completely offset as Trump continued to pressure Powell to lower interest rates.

The positive momentum in the U.S. stock market continues, while U.S. bonds have performed relatively poorly. Barclays assesses potential demand in the foreign exchange market at month-end by measuring the relative performance between foreign and U.S. stocks and bonds, particularly focusing on the behavior of investors looking to maintain currency risk hedges. [Original link]