DiscoverThe Macro Trading FloorTrillions of US Dollars To Sell?!
Trillions of US Dollars To Sell?!

Trillions of US Dollars To Sell?!

Update: 2025-04-25
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This week, Alf and Brent focus on an obscure yet crucial component of FX flows: the hedging needs from large institutional investors. These whales own $33+ trillion of USD-denominated assets, and over the last 15 years they have systematically under-hedged their USD exposure - were they to change their mind forecasting a weaker USD, there could be trillions of US Dollars to sell.

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Trillions of US Dollars To Sell?!

Trillions of US Dollars To Sell?!

Alfonso Peccatiello & Brent Donnelly