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Dollar’s Summer Slump: Bank of America Predicts Steeper Decline Ahead

Dollar’s Summer Slump: Bank of America Predicts Steeper Decline Ahead

Author:
CoindeskEN
Published:
2025-06-02 09:35:20
16
2

The greenback’s looking pale—Bank of America just flagged a brutal summer ahead for the USD.


Traders, grab your parachutes

No numbers? No problem. When BofA talks, markets listen—even when they’re serving reheated bearish takes from their ivory towers. The dollar’s been bleeding for months, and now the big guns say the hemorrhage is accelerating.


Crypto’s open season

Weak dollar narratives always send capital scrambling—into gold, into Bitcoin, anywhere but Uncle Sam’s faltering reserve currency. Funny how traditional finance keeps ’warning’ us while their own clients stack digital assets off-book.

Another day, another bank stating the obvious with the gravitas of a weatherman predicting rain in London. Maybe next they’ll ’discover’ that stablecoins exist.

Weekly Dallas Fed Economic Index. (TradingView)


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