FX reserve managers react to, not drive dollar moves, StanChart says
NeutralFinancial Markets

According to Standard Chartered, FX reserve managers are more reactive than proactive when it comes to movements in the dollar. This insight highlights the role of financial institutions in responding to market changes rather than influencing them. Understanding this dynamic is crucial for investors and policymakers as it sheds light on how currency markets operate and the factors that drive exchange rates.
— Curated by the World Pulse Now AI Editorial System