Global Fund Managers Show Increased Bearish Sentiment on Dollar
Global fund managers are increasingly bearish on the U.S. dollar, reflecting growing concerns about the currency's outlook amid shifting economic dynamics and expectations of monetary easing by the Federal Reserve. This sentiment is driven by forecasts of slowing U.S. economic growth, persistent fiscal deficits, and the potential for interest rate cuts, which could erode the dollar's yield advantage. As a result, many investors are reallocating their portfolios toward other currencies and emerging markets, signaling a broader shift in global investment strategies away from dollar-denominated assets.
