- Analytics
- News and Tools
- Market News
- USD to remain supported as market starts pricing a stagflation scenario – BofA
USD to remain supported as market starts pricing a stagflation scenario – BofA
Economists at the Bank of America Global Research maintain a bullish USD bias through the summer. They note that risk sentiment is the latest driver for the greenback.
The correlation of the USD with risk sentiment has returned
"So far this month, risk sentiment has taken over as the main USD driver, with risk-off leading to both lower yields and a stronger USD, with the exception against JPY and CHF, the other safe-haven G10 currencies.”
“As the market starts pricing a stagflation scenario, the outlook for risk assets remains challenging, which is likely to keep supporting the USD."
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
