Farnon Credit, expects a strong sell-off of the dollar by the end of the month

Mars Finance News, according to Jintiao, the French Agricultural Credit Bank stated that its month-end pricing model indicates the dollar will face strong selling pressure. In April, global stock markets generally performed well, and the overall trend in the foreign exchange market was a weakening of the dollar. The institution believes that month-end portfolio rebalancing capital flows are very likely to lead to a broad-based strong sell-off of the dollar, especially with the most pronounced sell signals against the euro, and it is expected that the euro against the dollar may further appreciate.

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