星球日报|4月 28, 2026 09:18
[Crédit Agricole: Significant Dollar Sell-Off Expected by Month-End]
Odaily Planet Daily News – Crédit Agricole stated that its month-end pricing model, after weighing all conventional driving factors, points to a strong sell-off of the dollar. 'Global equity markets have generally strengthened in April. In the foreign exchange market, the dollar has weakened overall this month. Overall, the performance of equity markets—adjusted for market capitalization and this month's forex performance—suggests that month-end portfolio rebalancing flows are likely to lead to a broad and strong sell-off of the dollar, with the sell signal for the dollar against the euro being the strongest.' The institution believes that, all else being equal, the euro is likely to rise further against the dollar. (Jin10)
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