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Greenback Strengthens: Analyst Sees Bear Trap, Predicts Snapback Rally For USD In May
Wednesday, April 26, 2023 - 4:40pm | 402Bank of America technical analyst Paul Ciana expressed a tactically bullish stance on the dollar, saying that the greenback is set for the second episode of a snapback rally in May. The US dollar index (DXY), which is tracked by the Invesco DB USD Index Bullish Fund ETF (ARCA:...
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3 Signs A Recession Is Coming: Just 1 Is Left Before Bank Of America Sounds The Alarm
Tuesday, April 4, 2023 - 4:08pm | 845Bank of America published a playbook Tuesday on how to spot recessionary bear markets and which assets perform best during downturns. The BofA research team named the following three major signs predicting a market crisis by analyzing the previous 150 recession events since 1800 and 16 S...