Bank of America survey shows 38% of investors plan to strengthen the dollar's weakening hedging measures

According to a new global fund manager survey by Bank of America, the number of investors seeking to guard against the risk of a potential decline in the US dollar increased in September. About 38% of respondents plan to strengthen hedging measures against the weaker dollar, up from 33% in August and at the highest level since June this year. Meanwhile, 35% of investors said they did not intend to adjust their forex hedging strategies, which is below 39% in August, the lowest since June.