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Has the Dollar Index Bottomed?

Foreign Exchange & Fixed Income

Andrew Hecht

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May 9, 2025

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Barchart

The dollar index fell from over 110 in January 2025 to below 100 in April 2025. While the index reached its lowest level since May 2022 and broke below technical support, bullish and bearish factors are pulling the index, which measures the U.S. currency against other world reserve currencies, in opposite directions.

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