Golden Finance reported that Bank of America said that despite the narrowing of interest rate differentials between the U.S. dollar and most other currencies around the world, it has still risen since the Federal Reserve's December meeting. At a time when market sentiment is one-sided, this may be a "warning sign" for bulls. ". "The dollar remains supported despite interest rate differentials moving in the opposite direction," Bank of America FX strategists Alex Cohen, Adarsh ​​Sinha and Janice Xue wrote in a note on Tuesday. "Congested positions and converging FX sentiment expose asymmetric risks."