The US Dollar (USD) is set to continue weakening in the coming months. However, what is particularly interesting are the explanations other analysts offer for their respective forecasts. Recently, one argument has surfaced repeatedly: the increasing demand for hedging against USD weakness.
The Dow Jones Industrial Average pivoted further into the bearish side on Thursday, shedding around 400 points top-to-bottom and slipping back below the 46,000 level as equity traders sharply rebalance their expectations for heavy AI investment schemes that have materialized in recent days.
Dow Jones futures remain steady near 46,700 during European hours on Tuesday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 futures hold near 6,750, while Nasdaq 100 futures remain close to 25,000.