Skip to content
Subscriber Only

Dollar Is Losing Its Luster With Investors Lining Up to Go Short

  • American real money managers turn bearish: Standard Chartered
  • Greenback is sliding as U.S. exceptionalism wanes: QIC
relates to Dollar Is Losing Its Luster With Investors Lining Up to Go Short

Photographer: Stephen Hilger/Bloomberg

Updated on

After rocketing higher in March as the ultimate haven currency, the dollar is now headed for its worst month since the beginning of 2018, and many strategists see the sell-off continuing.

Negative real rates in the U.S., the relentless spread of the coronavirus in America and a pickup in global risk sentiment have seen investors hitting the eject button on long positions in the greenback.