Group 1 - The core viewpoint is that the strengthening of the US dollar index is driven by the divergence in Federal Reserve policies, mixed economic data, and global central bank policy differences [1] - The Federal Reserve's policy divergence is leading to volatility in the dollar, with significant disagreements among officials and institutions regarding interest rate cuts and future policy direction [1] - Economic data in the US is mixed, with a rebound in January CPI to 3.0% supporting the dollar, while retail sales fell by 0.9%, creating uncertainty in market expectations [1] Group 2 - Global central bank policy divergence is creating a competitive dynamic with de-dollarization, as the Bank of Japan raises rates and the European Central Bank is cautious about rate cuts, reducing the dollar's interest rate advantage [1] - The technical analysis indicates that the dollar index has broken through short-term resistance and is above several short-term moving averages, with support levels at 98.455 and 98.230, and resistance levels at 98.660 and 99.381 [2] - Institutions predict a potential decline of 3% in the dollar index by 2026, influenced by economic resilience and policy uncertainties that may trigger a rebound [2]