[Dollar Short Positions Hit 14-Year High] BlockBeats News, February 16: The latest foreign exchange and interest rate sentiment survey by Bank of America shows that dollar positioning in February has turned the most negative in over 14 years. Dollar short positions have now reached their highest level since January 2012 (the earliest available data point). Fund managers' dollar exposure has fallen below the low point of last April. Concerns over the Federal Reserve's independence have eased after President Donald Trump nominated Kevin Warsh as Fed Chair, but this has failed to boost dollar demand or improve sentiment toward U.S. assets. Respondents believe that further deterioration in the U.S. labor market is the main downside risk facing the dollar.