Bank of America's latest global fund manager survey showed that in December, more investors thought the dollar was overvalued. About 53% of investors say the dollar is overvalued, compared to 45% in the November survey. The survey also showed that investors are still under-allocating the dollar compared to historical levels. Shorting the US dollar is considered the third most crowded trade. Going long on the “Big Seven US Stocks” is regarded as the most crowded transaction, followed by going long on gold.

Bank of America's latest global fund manager survey showed that in December, more investors thought the dollar was overvalued. About 53% of investors say the dollar is overvalued, compared to 45% in the November survey. The survey also showed that investors are still under-allocating the dollar compared to historical levels. Shorting the US dollar is considered the third most crowded trade. Going long on the “Big Seven US Stocks” is regarded as the most crowded transaction, followed by going long on gold.