Live Updates > Live Update Details
2025-10-10 21:07:23
[Dollar shorts retreated massively, and market pessimism reversed] ⑴ Bank of America's October survey showed that the proportion of fund managers bearish on the dollar plummeted to 14%, halving from 31% in September. ⑵ This figure hit a record low since Trump's tariff remarks in April, indicating that bearish beliefs are rapidly collapsing. ⑶ Over the past month, short positions in the US dollar have been continuously reduced, and the market's pessimism about the dollar has significantly weakened. ⑷ Investors are currently reluctant to reduce their exposure to US stocks, nor are they actively increasing hedging against the risk of US dollar depreciation. ⑸ Although most institutions still expect the US dollar's share of global reserves to gradually decline, concerns about the uniqueness of the US economy have begun to ease. ⑹ The market believes that the Fed's interest rate cut expectations have been fully priced in, and the suppressive effect of monetary policy differences on the US dollar has weakened.
