21:59 - 6.08.2026

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August 6, Fineko/abc.az. Should investors begin unwinding their US asset holdings under the "Sell America" strategy, the euro is positioned to be the primary beneficiary, according to Adam Linton, European Director at Bloomberg Newsquawk. Linton noted that the next technical resistance for the EUR/USD pair lies at the 100-day moving average (DMA) of 1.1569, a breakthrough of which could drive the currency pair toward the 1.16 handle.

Growing concerns over the Federal Reserve's inflation discipline and coordinated efforts with Japan to support the yen have reignited debates surrounding capital outflows from US assets. Analysts emphasize that the European Central Bank's firm commitment to monetary tightening, combined with the Eurozone's resilience, enhances the euro's appeal as a liquid alternative.

Furthermore, Bloomberg Intelligence strategists highlight that dollar positioning has recently hit peak levels, leaving substantial room for a bullish reversal in the euro.