Bank of America: The US dollar is expected to outperform the market in 2025

ChainCatcher News, a recent survey of global fund managers by Bank of America shows that the US dollar is expected to be the best-performing currency by 2025. 40% of investors anticipate that the dollar will outperform the market in 2025, up from 31% in November. Long positions in the dollar are considered the second hottest trade after bullish bets on the "Big Seven" US stocks. In December, the proportion of investors who believe the dollar is overvalued rose to 59%, up from 51% in November, the highest level since January 2023. (Jin Ten)