A top Invesco fund manager said the dollar’s rally since the start of the Iran War is a fleeting boost and that the currency is overvalued. Her view implies potential downside pressure for the dollar and could support non-USD FX/EM allocations if market participants adopt a similar stance.
A top Invesco fund manager said the dollar’s rally since the start of the Iran War is a fleeting boost and that the currency is overvalued. Her view implies potential downside pressure for the dollar and could support non-USD FX/EM allocations if market participants adopt a similar stance.
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moderately negative
Sentiment Score
-0.25
Ticker Sentiment
