Sell dollar for everything else is echoing across trading rooms


Weakening: No support has been found for the greenback which extended its slide for the worst three-day run since May. — Reuters

SELL the dollar and put money into assets such as emerging-market stocks and gold as the world’s economic recovery gathers steam, money managers say.

A growing chorus of investors is betting the world’s reserve currency has reached a peak in a dramatic turnaround from a month ago when positioning in the greenback was the most bullish since 2015.

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