Tag: BofA
BofA: Crowded USD longs signal caution; convergence with rate differentials underway
DXY dailySynopsis: BofA highlights a potential market saturation with USD long positions, as evidenced by the currency's understated response to posit [...]
‘Long Big Tech’ Remains The Most Crowded Trade, BofA Fund Manager Survey Shows
"According to the latest Bank of America Fund Manager Survey, the most crowded trade at the moment is still 'long big tech.' This has repercussions fo [...]
BofA: USD/JPY dips to remain shallow; three reasons for targeting 147 by September
Bank of America (BofA) outlines three primary
reasons why dips in the USDJPY exchange rate are likely to be both
shallow and short-lived. Despite th [...]
Why directional FX calls are so hard this year? – BofA
Bank of America Global Research discusses the disappointing directional FX calls so far this year."Looking at G10 FX so far this year as April ends, i [...]
Trading Canada employment data on Friday – BofA
Bank of America Global Research
discusses its expectations for USD/CAD around tomorrow's Canada jobs
report for the month of January. "The upcoming [...]
Wells Fargo, BofA CEOs say consumer demand is cooling, recession looms
Many shoppers say they plan to spend less this Black Friday as the cost-of-living crisis bites.Richard Baker | In Pictures | Getty ImagesAmerican cons [...]
BofA: Don’t Tarnish Blockchain Technology With Speculative Crypto Trading
The development of applications leveraging distributed ledger and blockchain technology continues to advance, the report said.
www.coindesk.com [...]
“Inflation shock” is over, it is all about “peaks” next year – BofA
The latest notes out of BofA says that we are now in the transition period from the 2022 bear narrative, that was encapsulated by "inflation shock, ra [...]
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests.The ri [...]
Meta Downgraded by BofA to Neutral From Buy Partly on Metaverse Concerns
Meta should address investor concerns about Instagram usage headwinds, spending on building the metaverse given the perceived lack of user traction, h [...]
Bitcoin Stuck in a Rut as BofA Survey Reveals ‘Long Dollar” is Most Favored Trade
Coincidentally, bitcoin's previous bull markets have peaked in December, paving the way for a price crash in the first quarter. And while the 2018 bea [...]
Biggest technical risk to lower euro is very oversold conditions – BofA
Bank of America Global Research discusses the EUR.USD technical outlook and maintains a bearish bias but highlights the risk of excessive oversold con [...]
Microsoft Likely to Post in Line Q1 Revenue as PC, Forex Headwinds to Offset Azure, Office 365 Growth, BofA Says
MT Newswires 2022
All news about MICROSOFT [...]
BofA sees BOE hiking through recession next year
On their latest call, BofA says that "by lowering peak inflation we see the govenment's energy price cap allowing the BOE to avoid increasing the pace [...]
BofA Says Crypto Exchange Binance to Benefit From Increased Supply of Its own Stablecoin
The automatic conversion of other stablecoins could increase BUSD supply by $908 million, the bank said.
www.coindesk.com [...]