{"id":167989,"date":"2026-02-17T13:39:21","date_gmt":"2026-02-17T13:39:21","guid":{"rendered":"https:\/\/www.europesays.com\/se\/167989\/"},"modified":"2026-02-17T13:39:21","modified_gmt":"2026-02-17T13:39:21","slug":"ny-botten-for-dollarn-kan-anda-bli-dyrt-att-satsa-mot-usa","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/se\/167989\/","title":{"rendered":"Ny botten f\u00f6r dollarn \u2013 kan \u00e4nd\u00e5 bli dyrt att satsa mot USA"},"content":{"rendered":"<p>Men den svaga trenden kan vara mer br\u00e4cklig \u00e4n den ser ut.<\/p>\n<p>Enligt Bank of Americas senaste globala enk\u00e4t \u00e4r exponeringen mot dollarn nu den mest underviktade sedan m\u00e4tningarna startade 2012, <a href=\"https:\/\/investinglive.com\/forex\/us-dollar-positioning-hits-record-underweight-in-bank-of-america-survey-20260217\/\" rel=\"nofollow noopener\" target=\"_blank\">skriver Investing Live<\/a>. Nettopositioneringen \u00e4r rekordl\u00e5g och blankningarna st\u00f6rre \u00e4n under tidigare dollartoppar. <\/p>\n<p>Marknaden r\u00e4knar med en svagare amerikansk ekonomi och kommande r\u00e4ntes\u00e4nkningar. Resultatet blir d\u00e5 en svagare dollar.<\/p>\n<p><strong>L\u00e4s \u00e4ven:<\/strong><br \/><a href=\"https:\/\/www.realtid.se\/bors-finans\/dollarn-bara-sjunker-vinst-eller-forlust-for-europa\/\" rel=\"nofollow noopener\" target=\"_blank\">Dollarn bara sjunker \u2013 vinst eller f\u00f6rlust f\u00f6r Europa?<\/a><\/p>\n<p>Den fr\u00e4msta risken som investerarna ser \u00e4r en f\u00f6rsvagad arbetsmarknad i USA. Om syssels\u00e4ttningen viker kan det sp\u00e4 p\u00e5 f\u00f6rv\u00e4ntningarna om en mjukare Fed och ytterligare dollarf\u00f6rsvagning.<\/p>\n<p>UBS varnar f\u00f6r ensidig positionering<\/p>\n<p>Samtidigt h\u00f6jer UBS ett varnande finger. Banken konstaterar att dollarn har tappat omkring 1,5 procent hittills i \u00e5r och att euron tillf\u00e4lligt handlats \u00f6ver 1,20, <a href=\"https:\/\/za.investing.com\/news\/forex-news\/asia-fx-drifts-lower-as-dollar-firms-ahead-of-fed-econ-cues-4116364\" rel=\"nofollow noopener\" target=\"_blank\">rapporterar Investing<\/a>.<\/p>\n<p>Men flera av de faktorer som pressat dollarn \u00e4r politiska och kan snabbt f\u00f6r\u00e4ndras. UBS pekar p\u00e5 att amerikansk makrodata, s\u00e4rskilt arbetsmarknaden, har varit starkare \u00e4n v\u00e4ntat. Tillv\u00e4xtf\u00f6rv\u00e4ntningarna har ocks\u00e5 justerats upp, vilket kan begr\u00e4nsa utrymmet f\u00f6r fortsatta r\u00e4ntes\u00e4nkningar.<\/p>\n<p>Banken menar att mycket av dollarf\u00f6rsvagningen redan kan vara inprisad och att riskerna nu \u00e4r mer balanserade. Euron kan visserligen \u00f6verraska upp\u00e5t kortsiktigt, men UBS ser det som sv\u00e5rt f\u00f6r EUR\/USD att etablera sig tydligt \u00f6ver 1,20 under de kommande m\u00e5naderna.<\/p>\n<p>Risk f\u00f6r tv\u00e4ra kast i dollarn<\/p>\n<p>Extrema positioner inneb\u00e4r dessutom en annan risk: tv\u00e4ra kast. <\/p>\n<p>Om kommande inflations- eller arbetsmarknadssiffror \u00f6verraskar p\u00e5 uppsidan kan blankare tvingas t\u00e4cka sina positioner, vilket kan ge dollarn en ov\u00e4ntad rekyl.<\/p>\n<p>F\u00f6r svenska investerare med dollarberoende tillg\u00e5ngar \u00e4r budskapet d\u00e4rf\u00f6r dubbelt. Trenden pekar ned\u00e5t, men att luta sig f\u00f6r tungt \u00e5t samma h\u00e5ll som marknaden kan bli kostsamt. <\/p>\n","protected":false},"excerpt":{"rendered":"Men den svaga trenden kan vara mer br\u00e4cklig \u00e4n den ser ut. Enligt Bank of Americas senaste globala&hellip;\n","protected":false},"author":2,"featured_media":167990,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[65],"tags":[72,3378,70,71,34,31,33,32,30],"class_list":["post-167989","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ekonomi","tag-business","tag-dollarn","tag-economy","tag-ekonomi","tag-se","tag-svenska","tag-sverige","tag-sweden","tag-swedish"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@se\/116086254169805078","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/167989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/comments?post=167989"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/167989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media\/167990"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media?parent=167989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/categories?post=167989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/tags?post=167989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}