Bank of America Merrill Lync's survey of global fund mangers' indicates that Dollar remains on the most crowded trade of 2015.
Trade weighted US dollar index now stands 118.87, just shy of September 2003 high around 120.
- Almost 45% of the fund managers surveyed in August are considering Long USD as most crowded trade, up from 35% in July. This suggests that retail traders should exercise caution heading into September FOMC. Even if the trend remains in place, possibility of larger correction is clearly building up.
After recent pull back, about 15% investors consider Long US high yield bonds as most crowded trade, compared to 20% in July.
About 10% of the investors are considering Long US tech stocks as most crowded trade, suggesting caution in picking up the stocks.


Buy the Dip: Gold Holds Strong at $3980, Targets $4150
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027
Smartphones are helping filmmakers tell the stories the movie industry overlooks
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings
Trump has made more than $1 billion from crypto in a year. How?
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 



