Farm credit is expected to face strong selling pressure on the dollar by the end of the month

According to Jinshi News, Crédit Agricole stated that its month-end pricing model indicates that the dollar will face strong selling pressure. In April, global stock markets generally strengthened, while the dollar weakened overall in the foreign exchange market. The institution believes that month-end portfolio rebalancing cash flows are likely to lead to a comprehensive strong sell-off of the dollar, especially with the sell signal for the dollar against the euro being the strongest, and it is expected that the euro against the dollar will further rise.