Fund managers just flipped to max bearish on the dollar.
A Bank of America survey shows the biggest short in 14 years. DXY near 97. Down 9% in 2025. The DXY is now at 2022 levels. Cuts expected from the Federal Reserve. Crowded trade. If it squeezes, risk dumps. If it falls, crypto flies.
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Fund managers just flipped to max bearish on the dollar.
A Bank of America survey shows the biggest short in 14 years. DXY near 97. Down 9% in 2025.
The DXY is now at 2022 levels.
Cuts expected from the Federal Reserve.
Crowded trade.
If it squeezes, risk dumps. If it falls, crypto flies.