A Spring Surge for the US Dollar? | Presented by CME Group
Bloomberg Television·2026-03-03 20:15
The US dollar index peaked near 100 spot three in late November 2025 before sliding roughly 4 plus% to a 4-year low around 96 spot 3 in late January 2026. Currently, it trades right around 97 spot 8, having stabilized and attempted modest upside in the recent weeks. Several factors point to a continued relief for the dollar.Extreme bearish positioning. Shorts have reached a near 14-year high. technical setup.A sustained move above current levels would break the recent downtrend. Fundamentals improving for t ...