Bank of America survey: The dollar is expected to perform well in 2025, and investors still expect the dollar to perform best
Investors still expect the U.S. dollar to be the best performing currency in 2025, according to Bank of America's latest survey of fund managers. The January survey showed that 41% of investors expect the U.S. dollar to perform well, while 29% expect the Japanese yen to do well. About 58% believe the U.S. dollar is overvalued, compared to 59% in the December survey. Investors believe that long dollar positions are second only to those including Google and Amazon...