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A new US dollar warning from Bank of America has professional investors scrambling right now, and the reasoning behind it is actually quite compelling. The Bank of America fund manager survey shows fund managers are currently the most underweight the dollar since January 2005, with analysts declaring it the “biggest summer pain trade” as global recession risks ease and dollar summer pain trade positioning reaches some pretty extreme levels. Also Read: Bank of America Warns Dollar May Collapse After 10.8% Plunge Why Bank Of America’s Dollar Warning Signals Global Risk Shift Source: Freepik The June 2025 Bank of America fund manager survey reveals what’s actually a dramatic shift in institutional sentiment right now. Fund managers controlling £523bn in assets are abandoning the dollar at unprecedented levels, and this US dollar warning reflects broader concerns about America’s fiscal position along with the international equities outlook that’s been imp...

Continuing what has been a monumental year for the asset, the gold price has reached yet another all-time high as it continues to gain value. Indeed, the metal is currently trading at more than $2,525 after reaching a record of $2,531 earlier Tuesday. The most recent increase means that a signal gold bar of 400 troy ounces is now selling for more than $1 million. A massive reason for its prevalence is the ongoing economic uncertainty. This year has seen gold emerge as a key haven asset in the concerning times. Also Read: Gold Prices Predicted by JP Morgan to Hit New All-Time High Gold Price Surges to $2,531 All-Time High in Yet Another Record Rally There is no denying gold’s importance in 2024. The metal has become a valuable asset that has driven increased private and institutional investment throughout the year. With the BRICS bloc leading international interest, it has been targeted as a key reserve asset amid questionable economic realities. That interest has led the gold pric...