Dollar Weakness May Extend Through 2026 | Presented by CME Group

Not only did the US dollar's expected rally in 2025 not materialize, but the greenback had one of its worst years ever last year with no end in sight. While the US dollar has suffered periods of sharp weakness in the past, those are typically driven by short-term cyclical factors such as a commodity boom. However, this time around, the dollar's weakness appears to have been driven by large-scale currency hedging, which indicates that the dollar's weakness is potentially more fundamental.Increased investor u ...