Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
18 July | Dollar

BofA warns of potential US dollar surge this summer

GBPUSD
AUDUSD
EURUSD
USDJPY
USDCAD
BofA warns of potential US dollar surge this summer

BofA remains skeptical about the US dollar's medium-term growth prospects. However, the bank sees a chance for temporary gains of the currency in summer.

The report highlights signals pointing to a potential trend reversal, including the absence of Federal Reserve rate cuts and reduced selling of dollar-denominated assets.

Still, BofA analysts expect political risks in the country to remain elevated. While traders have already priced in these risk premiums, some events such as leadership changes at the Fed or tariff escalation could disrupt markets.

The bank is closely watching the August 1st deadline for US import tariffs, especially if measures target the EU and China without international consensus.

Elena Berseneva MarketCheese

Recommended

Australia. CFTC AUD speculative net positions. The value of the indicator has increased from -100.6K to -82.7K
Yesterday at 7:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -31.4K to -33.1K
Yesterday at 7:30 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from -105K to -109K
Yesterday at 7:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 84.5K to 73.3K
Yesterday at 7:30 PM
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from 123K to 119.6K
Yesterday at 7:30 PM
Top news
United States. Nonfarm Payrolls. The value of the indicator has decreased from 79K to 22K
Yesterday at 12:30 PM
United States. Unemployment Rate. The value of the indicator has increased from 4.2% to 4.3%
Yesterday at 12:30 PM
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.1%
Yesterday at 9:01 AM
United States. Trade Balance. The value of the indicator has decreased from $-59.1B to $-78.3B
4 September
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.6% to -0.5%
4 September
All news

Forecasts

Brent sell
Period: 15.09.2025 Expectation: 100 pips
Selling Brent down to $66.10 per barrel
Indicators and reports Chart analysis
Yesterday at 09:54 AM 106
McCarthy_Raymond
GBPUSD buy
Period: 12.08.2025 Expectation: 1300 pips
GBPUSD gains as markets await US employment data
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
Yesterday at 09:16 AM 95
Emily_Foster
AUDCAD buy
Period: 11.09.2025 Expectation: 500 pips
AUDCAD eyes 6-month high upon breaking 0.9 resistance
Hot news Indicators Chart analysis
Yesterday at 09:00 AM 85
Tom_Kern
Brent sell
Period: 12.09.2025 Expectation: 215 pips
Brent is poised for short-term rebound
Technical analysis TA Other FA Other Indicators Fundamental analysis
Yesterday at 06:51 AM 100
Lyra_Moonwell1
ETHUSD buy
Period: 11.09.2025 Expectation: 42000 pips
Buying ETHUSD targeting $4,790 as price eyes upper channel breakout
Technical analysis TA Other FA Other Indicators Fundamental analysis
04 September 2025 137
Lyra_Moonwell1
Brent sell
Period: 31.10.2025 Expectation: 175 pips
Selling Brent from $68.6
Chart analysis
04 September 2025 52
McCarthy_Raymond
Go to forecasts