The Dollar has been cratering the last few days, in line with my call that we’d see a resumption of Dollar weakness with the start of 2026. What’s especially ominous is how quickly we’ve fallen below the range in which the Dollar traded for the second half of last year. That’s usually a sign that momentum is building, which means this round of Dollar weakness is far from done. When people on trading floors talk about the Dollar, they’re usually talking about Bloomberg’s DXY index, which measures the strength of the Dollar against six G10 currencies. This index has a weighting of almost 60 percent on the Euro, so it ... (full story)