Dollar demand surges to 4-month high as Asset Managers boost positions By Investing.com
Update: 2025-11-04
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**Summary:**Investors witnessed a significant surge in the US dollar's demand since June, with asset managers buying dollars predominantly against emerging market currencies. This trend intensified last week, giving the greenback a noticeable boost. Despite a rise in buying activity, asset managers remain technically bearish on the dollar, indicating some uncertainty. The euro's sentiment has been lukewarm due to steady corporate transactions and a softened appetite in options markets. This has kept the euro from matching the dollar's strength. The shift has also impacted emerging market currencies like the Singapore dollar, South African rand, Brazilian real, and Mexican peso, which have experienced selling pressure. The upcoming market reports will reveal if asset managers maintain their cautious stance or change direction, as the dollar's rally appears to be a response to uncertainty and shifting investor sentiment.
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