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The Barclays rebalancing model indicates that a dollar sell-off is expected by the end of May.
Golden Finance reports that Barclays strategists indicate that after the significant easing of trade tensions this month, which has led to a pump in the stock market, global investors' rebalancing of their portfolios may result in more dollar sell-offs. Barclays model forecasts suggest that by the end of this month, there will be moderate sell-offs of the dollar against major currencies, driven by the rise in U.S. stocks, despite the poor performance of U.S. bonds and the dollar. #contentstar#