⚠️ Bank of America Warns Dollar Bulls: Potential Risks Ahead! 💵
According to Odaily, Bank of America has issued a warning about the U.S. dollar’s rise, despite a narrowing interest rate gap with other global currencies. 📉
Even after the Federal Reserve's December meeting, the dollar has continued to climb. 📅 However, Bank of America strategists — Alex Cohen, Adarsh Sinha, and Janice Xue — caution that this one-sided market sentiment might signal trouble for dollar bulls. 🔍
They point out that crowded positions and uniform forex sentiment** could expose the dollar to asymmetric risks. ⚖️
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