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BOE governor Bailey: Short dollar is now the most crowded trade in the market

  • Long-term investors appear not to want to be so overweight on dollar assets
  • We need to watch this very carefully

It goes without saying as the dollar has been beaten up quite badly in the last few months. That is until recently in the past few weeks before that momentum has waned in trading yesterday. From before: Is there more legs to the dollar short squeeze?

TLDR: It’s all going to ride on Trump’s tariff developments as we get to 1 August next.

Head on over to investingLive (formerly ForexLive) to get in on the know!

This article was written by Justin Low at investinglive.com.

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