Crédit Agricole expects the US dollar to remain range-bound in the near term, with investor focus on upcoming TIC data for signs of foreign demand for US assets.
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Crédit Agricole - Dollar Likely to Trade Sideways in Near Term—Focus on Overseas Demand for US Assets

Crédit Agricole forecasts the US dollar will remain range-bound in the near term, with investor focus on upcoming TIC data and overseas demand for US assets, while monitoring potential Supreme Court rulings on trade tariffs.

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China’s official US Treasury holdings have hit a 15-year low, but experts say true exposure may be understated due to significant Chinese assets held via Belgium, Luxembourg, and Ireland, keeping the overall trend stable at nearly $2 trillion.
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#China #USTreasuries #TICData #BelgiumLuxembourgIreland #BradSetser
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