USD optimism? Not so fast - BAML

FXStreet (Guatemala) - Analysts at Bank of America Merrill Lynch highlighted risks on betting on the greenback.

Key Quotes:

"With the positive correlation between the USD and US equities near a 20y high, extreme optimism towards the US is vulnerable to disappointment."

"Declining US rates in the face of the rising USD suggests that the market believes the Fed cannot ignore the USD indefinitely."