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Barchart
Barchart
Andrew Hecht

Has the Dollar Index Bottomed?

I asked if the Dollar Index was going to plunge in a March 7, 2025, Barchart article. The index was at the 103.67 level on March 7 and has moved lower, with the most recent low below the 98 level. The article highlighted the dollar index’s bullish trend since 2008 and the bearish trend since the 1980s. The most recent decline validates the very long-term trend, but the dollar’s value over the coming months will result from economic and geopolitical factors. 

The dollar index breaks a critical technical support level

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