US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises | Bitcoin News

   2020-07-10 11:07

The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “death cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing Confidence in US Dollar
Investors are increasingly viewing the U.S. dollar in a negative light amid the resurging covid-19 pandemic and the prospect of improving growth abroad, such as in Europe.
Analysts at Bank of Ameri…




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