Analysts at Bank of America on the US dollar:
hedge funds and real money are buying the dollarhedge funds are long USD … “Very strong hedge fund demand for USD last week, almost across the board,”but real money positioning is light … “Real money has also been buying the USD in the last two weeks”
DXY looks to be monkeying in the middle right about now (101 – 107 ish sort of range):
This article was written by Eamonn Sheridan at www.forexlive.com.