For all of you with unhedged USD exposure

For all of you with unhedged USD exposure, chart shows net USD positioning of
(1) asset managers,
(2) leveraged funds and
(3) Non-commercial entities.

All 3 groups are increasingly net short, showing USD may still be overbought. Some aspects to play a role in USD value coming months: US 2020 elections, Brexit, Covid-19 vaccine effectiveness, oil demand recovery, USA-China and USA-rest of the world relations post elections, Fed policy.

#economics #markets #investing #stockmarket #usd #covid19 #uselections
(Chart source:

Deni Memic

Academic Program Chair Finance at Higher Colleges of Technology - UAE