ING
Low dollar hedge ratios: could lightning strike twice?
From the original
https://think.ing.com/articles/low-hedge-ratios-lightning-strikes-twice/
Related speeches
4 itemsING THINK
Low dollar hedge ratios: could lightning strike twice?
The desk posits that the current low dollar hedge ratios signal a potential vulnerability for the USD, echoing prior instances where a similar positioning preceded sharp movements. Per the full note from ing-think, current hedge ratios on US investments by European buy-side players have fallen to 64%, approaching levels seen before the April 2025 dollar collapse. With a consensus target for EUR/USD standing at 1.1583 and firms like **commerzbank** and **morganstanley** projecting 1.2200 and 1.2300 by December 2026, there may be increasing speculation of a weaker dollar if the trend holds.
DESK NOTEING Economics
Rates Spark: Bonds back to hedging market risks
GOOGLE NEWS · USD/JPY